L’Oreal Upgraded to “Buy” at UBS AG (LRLCY)
L’Oreal (NASDAQ:LRLCY) was upgraded by stock analysts at UBS AG from a “neutral” rating to a “buy” rating in a report issued on Tuesday, TheFlyOnTheWall.com reports.
Separately, analysts at Commerzbank AG downgraded shares of L’Oreal from a “hold” rating to a “reduce” rating in a research note on Tuesday, January 28th. One analyst has rated the stock with a sell rating, one has issued a hold rating, two have given a buy rating and one has issued a strong buy rating to the stock. The stock has an average rating of “Buy” and a consensus price target of $107.00.
L’Oreal (NASDAQ:LRLCY) traded down 5.33% on Tuesday, hitting $34.269. The stock had a trading volume of 145,012 shares. L’Oreal has a 1-year low of $28.80 and a 1-year high of $36.35. The stock has a 50-day moving average of $33. and a 200-day moving average of $33.93. The company has a market cap of $102.2 billion and a price-to-earnings ratio of 28.75.
L’Oreal SA is a France-based cosmetic group. It is structured into three branches: Cosmetics, The Body Shop and Dermatology.
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