Zacks: L'Oreal SA (LRLCY) Given $39.00 Average Price Target by Brokerages
Shares of L'Oreal SA (NASDAQ:LRLCY) have been given a consensus broker rating score of 2.80 (Hold) from the five brokers that cover the company, Zacks Investment Research reports. One analyst has rated the stock with a sell rating, three have given a hold rating and one has assigned a strong buy rating to the company.
Analysts have set a 1-year consensus price target of $39.00 for the company, according to Zacks. Zacks has also given L'Oreal SA an industry rank of 98 out of 265 based on the ratings given to its competitors.
Several equities analysts recently issued reports on the stock. Zacks Investment Research upgraded shares of L'Oreal SA from a “hold” rating to a “buy” rating and set a $47.00 target price on the stock in a report on Thursday, September 7th. Jefferies Group LLC assumed coverage on shares of L'Oreal SA in a report on Tuesday, July 25th. They issued a “hold” rating on the stock. Finally, Stifel Nicolaus lowered shares of L'Oreal SA from a “buy” rating to a “hold” rating in a report on Thursday, July 20th.
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Shares of L'Oreal SA (NASDAQ:LRLCY) remained flat at $42.80 during mid-day trading on Friday. 59,402 shares of the company’s stock traded hands. L'Oreal SA has a one year low of $33.38 and a one year high of $43.95. The stock has a market cap of $119.67 billion and a P/E ratio of 27.54. The stock’s 50 day moving average is $41.93 and its 200-day moving average is $40.87.
L'Oreal SA Company Profile
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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