EssilorLuxottica Unsponsored ADR (OTCMKTS:ESLOY) Receives Average Recommendation of “Moderate Buy” from Analysts

Shares of EssilorLuxottica Unsponsored ADR (OTCMKTS:ESLOY) have earned a consensus recommendation of “Moderate Buy” from the nine brokerages that are covering the stock, MarketBeat Ratings reports. One analyst has rated the stock with a sell recommendation, one has given a hold recommendation, five have assigned a buy recommendation and two have given a strong buy recommendation to the company.

ESLOY has been the subject of a number of research reports. Zacks Research cut EssilorLuxottica from a “hold” rating to a “strong sell” rating in a report on Tuesday, June 23rd. Deutsche Bank Aktiengesellschaft initiated coverage on EssilorLuxottica in a research note on Tuesday, May 12th. They issued a “hold” rating for the company.

EssilorLuxottica Price Performance

ESLOY opened at $93.70 on Wednesday. The stock has a 50-day moving average price of $102.70 and a 200-day moving average price of $127.30. EssilorLuxottica has a 12-month low of $91.57 and a 12-month high of $186.81. The company has a current ratio of 0.99, a quick ratio of 0.70 and a debt-to-equity ratio of 0.17.

About EssilorLuxottica

EssilorLuxottica SE is a global ophthalmic optics company formed through the 2018 merger of France-based Essilor and Italy-based Luxottica. Headquartered near Paris, the company combines lens manufacturing, frame design and production, brand management and retail operations to provide a vertically integrated offering across the vision care value chain. Its activities span product research and development, manufacturing, wholesale distribution and retailing of spectacles, sunglasses and ophthalmic lenses.

The company’s product portfolio includes prescription and non-prescription lenses, lens coatings and treatments, and an array of eyewear brands and frames.