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L’Oreal (NASDAQ:LRLCY) was upgraded by stock analysts at Raymond James to a “strong-buy” rating in a report issued on Tuesday.

Shares of L’Oreal (NASDAQ:LRLCY) opened at 34.05 on Tuesday. L’Oreal has a 1-year low of $31.55 and a 1-year high of $36.35. The stock’s 50-day moving average is $34.34 and its 200-day moving average is $33.89. The company has a market cap of $102.4 billion and a P/E ratio of 25.41.

Separately, analysts at Credit Suisse initiated coverage on shares of L’Oreal in a research note on Friday, July 18th. They set an “outperform” rating on the stock. One equities research analyst has rated the stock with a sell rating, one has given a hold rating, two have given a buy rating and one has issued a strong buy rating to the company’s stock. The stock presently has an average rating of “Buy”.

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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