Zacks: L'Oreal SA (LRLCY) Given Average Recommendation of “” by Brokerages
L'Oreal SA (NASDAQ:LRLCY) has received an average broker rating score of 3.17 (Hold) from the six brokers that provide coverage for the company, Zacks Investment Research reports. One investment analyst has rated the stock with a strong sell rating, one has issued a sell rating, three have assigned a hold rating and one has given a strong buy rating to the company. L'Oreal SA’s rating score has declined by 13.2% from three months ago as a result of a number of analysts’ ratings changes.
Brokers have set a twelve-month consensus target price of $39.20 for the company, according to Zacks. Zacks has also assigned L'Oreal SA an industry rank of 92 out of 265 based on the ratings given to related companies.
LRLCY has been the subject of several research reports. Zacks Investment Research lowered shares of L'Oreal SA from a “buy” rating to a “hold” rating in a research report on Friday, June 9th. Stifel Nicolaus lowered shares of L'Oreal SA from a “buy” rating to a “hold” rating in a research report on Thursday, July 20th. Finally, Jefferies Group LLC initiated coverage on shares of L'Oreal SA in a research report on Tuesday, July 25th. They set a “hold” rating for the company.
Shares of L'Oreal SA (NASDAQ LRLCY) traded down 0.90% during mid-day trading on Friday, hitting $41.90. 38,409 shares of the company traded hands. L'Oreal SA has a one year low of $33.38 and a one year high of $43.95. The firm has a 50-day moving average of $41.68 and a 200-day moving average of $40.31. The stock has a market capitalization of $117.15 billion and a price-to-earnings ratio of 27.54.
About L'Oreal SA
L’Oreal SA is a holding company. The Company operates through two operational divisions: Cosmetics Division and Body Shop Division. The Cosmetics Division is organized into four divisions: Professional Products, Consumer Products, L’Oreal Luxe and Active Cosmetics. The Professional Products Division products are used and sold in hair salons and beauty institutes.
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