EssilorLuxottica (OTCMKTS:ESLOY) Rating Increased to Hold at Zacks Research

Zacks Research upgraded shares of EssilorLuxottica (OTCMKTS:ESLOY) from a strong sell rating to a hold rating in a research report sent to investors on Wednesday morning,Zacks.com reports.

Separately, Barclays began coverage on shares of EssilorLuxottica in a research note on Tuesday. They issued an “overweight” rating for the company. One research analyst has rated the stock with a Buy rating and two have assigned a Hold rating to the stock. According to data from MarketBeat, the company currently has an average rating of “Hold”.

EssilorLuxottica Stock Up 0.8%

ESLOY opened at $156.30 on Wednesday. EssilorLuxottica has a fifty-two week low of $112.95 and a fifty-two week high of $160.70. The company’s 50-day moving average is $149.48 and its 200 day moving average is $144.75. The company has a debt-to-equity ratio of 0.17, a current ratio of 0.95 and a quick ratio of 0.65.

EssilorLuxottica Company Profile

EssilorLuxottica Société anonyme designs, manufactures, and distributes ophthalmic lenses, frames, and sunglasses in Europe, the Middle East, Africa, Latin America, the Asia-Pacific, and North America. It operates through Professional Solutions and Direct to Consumer segments. The company offers lens under the Essilor, Varilux, Crizal, Eyezen, Stellest, Xperio, Transitions, Ray-Ban, Oakley, Barberini, KODAK Lens, Nikon, Shamir, eyexpert, iWear, Humanware, and Optifog brands.