L OREAL CO/ADR (OTCMKTS:LRLCY) Hits New 52-Week High at $60.17
L OREAL CO/ADR (OTCMKTS:LRLCY) shares hit a new 52-week high during mid-day trading on Wednesday . The stock traded as high as $60.17 and last traded at $59.90, with a volume of 77996 shares trading hands. The stock had previously closed at $58.60.
Several analysts recently issued reports on the company. BNP Paribas raised L OREAL CO/ADR from an “underperform” rating to a “neutral” rating in a research note on Wednesday, January 8th. Berenberg Bank started coverage on L OREAL CO/ADR in a research note on Wednesday, October 16th. They issued a “hold” rating on the stock. Finally, Zacks Investment Research downgraded L OREAL CO/ADR from a “hold” rating to a “sell” rating in a research note on Tuesday. One investment analyst has rated the stock with a sell rating, five have issued a hold rating and one has given a buy rating to the stock. The company currently has a consensus rating of “Hold” and an average price target of $61.00.
The company has a current ratio of 1.24, a quick ratio of 0.95 and a debt-to-equity ratio of 0.06. The stock has a 50 day simple moving average of $57.81 and a 200-day simple moving average of $55.70. The firm has a market cap of $164.33 billion, a P/E ratio of 35.87, a P/E/G ratio of 5.09 and a beta of 0.52.
L'Oréal SA, through its subsidiaries, manufactures and sells cosmetic products for women and men worldwide. It operates through four divisions: Consumer Products, L'oréal Luxe, Professional Products, and Active Cosmetics. It offers shampoos, hair care products, shower gels, skin care products, cleansers, hair colors, styling products, deodorants, sun care products, make-up, perfumes, etc.
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