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. “
Several other analysts have also issued reports on LRLCY. Goldman Sachs Group Inc. restated a buy rating on shares of L’Oreal SA in a research note on Tuesday, June 21st. Sanford C. Bernstein restated an underperform rating on shares of L’Oreal SA in a research note on Tuesday, August 30th. Finally, Berenberg Bank started coverage on L’Oreal SA in a research note on Friday, September 9th. They issued a hold rating on the stock. Three investment 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. The stock currently has a consensus rating of Hold and a consensus price target of $39.00.
Shares of L’Oreal SA (OTCMKTS:LRLCY) opened at 36.705 on Tuesday. The company has a market capitalization of $102.62 billion, a P/E ratio of 32.001 and a beta of 0.82. L’Oreal SA has a 12 month low of $31.08 and a 12 month 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.
About L’Oreal SA
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.
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