L’Oreal SA (LRLCY) Rating Increased to Hold at Zacks Investment Research
According to Zacks, “At L’Oréal, they have made cosmetics the focus of all their energy and know-how for nearly a century. They are fully committed to putting their expertise and research resources to work for the well-being of men and women, in all their diversity, around the world. “
Other analysts also recently issued reports about the company. Goldman Sachs Group Inc. reiterated a buy rating on shares of L’Oreal SA in a research note on Tuesday, June 21st. Berenberg Bank began coverage on L’Oreal SA in a report on Friday, September 9th. They set a hold rating on the stock. Finally, Sanford C. Bernstein reissued an underperform rating on shares of L’Oreal SA in a report on Tuesday, August 30th. Three analysts have rated the stock with a sell rating, eight have assigned a hold rating and three have issued a buy rating to the company. L’Oreal SA currently has a consensus rating of Hold and a consensus price target of $39.00.
L’Oreal SA (OTCMKTS:LRLCY) opened at 36.705 on Tuesday. The stock has a market capitalization of $102.62 billion, a PE ratio of 32.001 and a beta of 0.82. L’Oreal SA has a 52-week low of $31.08 and a 52-week high of $39.51. The company’s 50-day moving average price is $38.27 and its 200 day moving average price is $36.98.
L’Oreal SA Company Profile
L’Oreal SA is a holding company. The Company has a role of strategic coordination and of scientific, industrial and marketing coordination of the L’Oreal Group (Group) on a global basis. The Group creates and develops cosmetic products. The Company’s Cosmetics branch is organized into four operating divisions.
For more information about research offerings from Zacks Investment Research, visit Zacks.com
Receive News & Ratings for L'Oreal SA Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for L'Oreal SA and related companies with Analyst Ratings Network's FREE daily email newsletter.