L OREAL CO/ADR (LRLCY) Coverage Initiated at Argus
Argus initiated coverage on shares of L OREAL CO/ADR (OTCMKTS:LRLCY) in a report issued on Thursday morning, The Fly reports. The firm issued a buy rating on the stock.
Several other research analysts have also issued reports on the stock. Societe Generale lowered shares of L OREAL CO/ADR from a buy rating to a hold rating in a report on Thursday, February 14th. Zacks Investment Research lowered shares of L OREAL CO/ADR from a strong-buy rating to a hold rating in a report on Thursday, January 24th. One analyst has rated the stock with a sell rating, four have given a hold rating and three have assigned a buy rating to the company. The company has an average rating of Hold and an average target price of $51.00.
L OREAL CO/ADR stock opened at $53.46 on Thursday. L OREAL CO/ADR has a 52-week low of $42.01 and a 52-week high of $53.57. The company has a market cap of $149.62 billion, a price-to-earnings ratio of 32.01, a PEG ratio of 5.29 and a beta of 0.52.
L'Oréal SA, through its subsidiaries, manufactures and sells cosmetic products for women and men worldwide. It operates through four divisions: Consumer Products, L'oréal Luxe, Professional Products, and Active Cosmetics. It offers shampoos, hair care products, shower gels, skin care products, cleansers, hair colors, styling products, deodorants, sun care products, make-up, perfumes, etc.
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