Zacks: L'Oreal SA (NASDAQ:LRLCY) Receives Consensus Rating of “Hold” from Analysts
Shares of L'Oreal SA (NASDAQ:LRLCY) have received an average broker rating score of 3.17 (Hold) from the six analysts that cover the stock, Zacks Investment Research reports. One equities research analyst has rated the stock with a strong sell recommendation, one has assigned a sell recommendation, three have given a hold recommendation and one has given a strong buy recommendation to the company. L'Oreal SA’s rating score has declined by 13.2% in the last 90 days as a result of a number of analysts’ ratings changes.
Analysts have set a 12-month consensus target price of $39.20 for the company, according to Zacks. Zacks has also assigned L'Oreal SA an industry rank of 19 out of 265 based on the ratings given to related companies.
Several equities analysts have recently issued reports on the stock. Zacks Investment Research raised shares of L'Oreal SA from a “hold” rating to a “buy” rating and set a $47.00 price objective on the stock in a research note on Tuesday, June 27th. Stifel Nicolaus cut shares of L'Oreal SA from a “buy” rating to a “hold” rating in a research note on Thursday, July 20th. Finally, Jefferies Group LLC assumed coverage on shares of L'Oreal SA in a research note on Tuesday, July 25th. They issued a “hold” rating on the stock.
Shares of L'Oreal SA (LRLCY) opened at 41.53 on Tuesday. L'Oreal SA has a 52-week low of $33.38 and a 52-week high of $43.95. The firm has a market capitalization of $116.12 billion and a price-to-earnings ratio of 27.49. The stock has a 50 day moving average of $42.06 and a 200 day moving average of $39.74.
About L'Oreal SA
L’Oreal SA is a holding company. The Company operates through two operational divisions: Cosmetics Division and Body Shop Division. The Cosmetics Division is organized into four divisions: Professional Products, Consumer Products, L’Oreal Luxe and Active Cosmetics. The Professional Products Division products are used and sold in hair salons and beauty institutes.
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