L’Oreal SA (LRLCY) Given Average Rating of “Hold” by Brokerages
Shares of L’Oreal SA (OTCMKTS:LRLCY) have been given a consensus recommendation of “Hold” by the six ratings firms that are covering the stock, MarketBeat.com reports. One research analyst has rated the stock with a sell rating, two have issued a hold rating and three have assigned a buy rating to the company.
A number of equities research analysts have weighed in on LRLCY shares. Goldman Sachs Group raised L’Oreal from a “neutral” rating to a “buy” rating in a report on Monday. Zacks Investment Research raised L’Oreal from a “hold” rating to a “buy” rating and set a $47.00 target price on the stock in a report on Thursday, September 7th.
Shares of L’Oreal (OTCMKTS:LRLCY) opened at $44.35 on Monday. L’Oreal has a 1-year low of $34.83 and a 1-year high of $46.78.
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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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