JPMorgan Chase & Co. Reiterates Neutral Rating for L’Oreal SA (LRLCY)
L’Oreal SA (OTCMKTS:LRLCY)‘s stock had its “neutral” rating reaffirmed by analysts at JPMorgan Chase & Co. in a research note issued on Thursday.
Several other research firms also recently weighed in on LRLCY. Zacks Investment Research downgraded shares of L’Oreal SA from a “hold” rating to a “sell” rating in a research report on Tuesday, July 26th. Berenberg Bank began coverage on shares of L’Oreal SA in a research report on Friday, September 9th. They issued a “hold” rating for the company. Sanford C. Bernstein reissued an “underperform” rating on shares of L’Oreal SA in a research report on Tuesday, August 30th. Finally, Goldman Sachs Group Inc. reissued a “buy” rating on shares of L’Oreal SA in a research report on Tuesday, June 21st. Three equities research analysts have rated the stock with a sell rating, eight have given a hold rating and three have assigned a buy rating to the stock. L’Oreal SA has a consensus rating of “Hold” and a consensus target price of $39.00.
L’Oreal SA (OTCMKTS:LRLCY) opened at 37.22 on Thursday. The stock has a market capitalization of $104.06 billion, a PE ratio of 32.39 and a beta of 0.82. The firm has a 50-day moving average of $38.19 and a 200-day moving average of $37.06. L’Oreal SA has a one year low of $31.08 and a one year high of $39.51.
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L’Oreal SA Company Profile
L’Oreal SA is a holding company. The Company has a role of strategic coordination and of scientific, industrial and marketing coordination of the L’Oreal Group (Group) on a global basis. The Group creates and develops cosmetic products. The Company’s Cosmetics branch is organized into four operating divisions.
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