L’Oreal SA (LRLCY) Rating Lowered to Sell at Zacks Investment Research
L’Oreal SA (OTCMKTS:LRLCY) was downgraded by Zacks Investment Research from a “hold” rating to a “sell” rating in a research note issued on Tuesday.
According to Zacks, “At L’Oreal, they have made cosmetics the focus of all their energy and know-how for nearly a century. They are fully committed to putting their expertise and research resources to work for the well-being of men and women, in all their diversity, around the world. “
LRLCY has been the subject of several other reports. Societe Generale lowered shares of L’Oreal SA from a “buy” rating to a “hold” rating in a research report on Wednesday, April 20th. Goldman Sachs Group Inc. reaffirmed a “buy” rating on shares of L’Oreal SA in a research note on Tuesday, June 21st. Two analysts have rated the stock with a sell rating, eight have assigned a hold rating and three have given a buy rating to the stock. The company presently has a consensus rating of “Hold” and a consensus target price of $39.00.
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Shares of L’Oreal SA (OTCMKTS:LRLCY) traded up 2.48% during mid-day trading on Tuesday, hitting $36.82. The stock had a trading volume of 56,037 shares. The stock’s 50-day moving average is $37.48 and its 200 day moving average is $37.31. L’Oreal SA has a 1-year low of $31.08 and a 1-year high of $39.51. The firm has a market capitalization of $102.94 billion, a price-to-earnings ratio of 32.27 and a beta of 0.75.
L’Oreal SA Company Profile
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 Group creates and develops cosmetic products. The Company’s segments are Professional Products, Consumer Products, L’Oreal Luxe and Active Cosmetics.
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