Brokerages Set L’Oreal SA (LRLCY) Target Price at $159.00
L’Oreal SA (OTCMKTS:LRLCY) has earned a consensus recommendation of “Hold” from the six ratings firms that are currently covering the company, Marketbeat.com reports. One research analyst has rated the stock with a sell rating, three have assigned a hold rating and two have assigned a buy rating to the company. The average 1 year price objective among analysts that have issued ratings on the stock in the last year is $159.00.
LRLCY has been the topic of a number of research reports. UBS AG restated a “buy” rating on shares of L’Oreal SA in a research report on Monday, July 17th. Stifel Nicolaus lowered L’Oreal SA from a “buy” rating to a “hold” rating in a research report on Thursday, July 20th. Jefferies Group LLC initiated coverage on L’Oreal SA in a research report on Tuesday, July 25th. They set a “hold” rating on the stock. Finally, Zacks Investment Research lowered L’Oreal SA from a “buy” rating to a “hold” rating in a research report on Wednesday, September 6th.
Shares of L’Oreal SA (LRLCY) opened at $43.56 on Friday. L’Oreal SA has a 52-week low of $33.38 and a 52-week high of $46.78.
About L’Oreal SA
L’Oreal SA is a France-based holding company. The Company, through its subsidiaries, develops the business activities of the L’Oreal Group (Group) in the country or region in which they are located. The Company’s non-core activities include insurance, reinsurance and banking. The Company’s Cosmetics Division is organized into four divisions: Professional Products, Consumer Products, L’Oreal Luxe and Active Cosmetics.
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