L’Oréal S.A. (OTCMKTS:LRLCY) – Investment analysts at Jefferies Financial Group increased their FY2020 earnings per share estimates for L’Oréal in a research report issued to clients and investors on Tuesday, January 12th. Jefferies Financial Group analyst S. Wissink now forecasts that the company will earn $1.81 per share for the year, up from their prior forecast of $1.72. Jefferies Financial Group also issued estimates for L’Oréal’s FY2021 earnings at $1.94 EPS and FY2022 earnings at $2.05 EPS.
LRLCY has been the topic of a number of other research reports. UBS Group reissued a “buy” rating on shares of L’Oréal in a research report on Tuesday. JPMorgan Chase & Co. reissued an “overweight” rating on shares of L’Oréal in a research report on Thursday, December 3rd. The Goldman Sachs Group raised shares of L’Oréal from a “neutral” rating to a “buy” rating in a research report on Monday, September 28th. Zacks Investment Research downgraded shares of L’Oréal from a “buy” rating to a “hold” rating in a research report on Friday, January 8th. Finally, Evercore ISI downgraded shares of L’Oréal to an “outperform” rating in a research report on Friday, January 8th. Two analysts have rated the stock with a sell rating, five have issued a hold rating and eight have given a buy rating to the stock. The company presently has an average rating of “Hold” and a consensus target price of $80.50.
L’Oréal Company Profile
L'OrÃ©al SA, through its subsidiaries, manufactures and sells cosmetic products for women and men worldwide. The company operates through four divisions: Consumer Products, L'orÃ©al 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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