L’Oreal SA (LRLCY) Given Average Rating of “Hold” by Analysts
Shares of L’Oreal SA (OTCMKTS:LRLCY) have earned an average recommendation of “Hold” from the twelve ratings firms that are currently covering the stock. Two research analysts have rated the stock with a sell recommendation, six have given a hold recommendation and four have assigned a buy recommendation to the company.
Several equities analysts have weighed in on the stock. Zacks Investment Research downgraded shares of L’Oreal SA from a “hold” rating to a “sell” rating in a report on Tuesday, July 26th. Sanford C. Bernstein reaffirmed an “underperform” rating on shares of L’Oreal SA in a report on Tuesday, August 30th. Berenberg Bank assumed coverage on shares of L’Oreal SA in a report on Friday, September 9th. They set a “hold” rating on the stock. JPMorgan Chase & Co. reaffirmed a “neutral” rating on shares of L’Oreal SA in a report on Thursday, September 22nd. Finally, Goldman Sachs Group Inc. reaffirmed a “buy” rating on shares of L’Oreal SA in a report on Friday, September 23rd.
L’Oreal SA (OTCMKTS:LRLCY) traded down 0.401% during mid-day trading on Thursday, reaching $33.565. 47,228 shares of the company were exchanged. L’Oreal SA has a one year low of $31.08 and a one year high of $39.51. The stock has a 50 day moving average of $0.00 and a 200-day moving average of $0.00.
About L’Oreal SA
L’Oreal SA is a France-based holding company. The Company, through its subsidiaries, develops the business activities of the L’Oreal Group (Group) in the country or region in which they are located. The Group creates and develops cosmetic products. The Company’s segments are Professional Products, Consumer Products, L’Oreal Luxe and Active Cosmetics.
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