Zacks: L'Oreal SA (LRLCY) Given Average Rating of “Hold” by Analysts
Shares of L'Oreal SA (NASDAQ:LRLCY) have been given an average broker rating score of 2.80 (Hold) from the five analysts that cover the stock, Zacks Investment Research reports. One research 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. L'Oreal SA’s rating score has improved by 12.5% from 90 days ago as a result of various analysts’ ratings changes.
Brokerages have set a 1-year consensus price objective of $39.00 for the company, according to Zacks. Zacks has also given L'Oreal SA an industry rank of 78 out of 265 based on the ratings given to related companies.
A number of equities analysts recently weighed in on LRLCY shares. Zacks Investment Research downgraded shares of L'Oreal SA from a “buy” rating to a “hold” rating in a research note on Wednesday, September 6th. Jefferies Group LLC started coverage on shares of L'Oreal SA in a research note on Tuesday, July 25th. They set a “hold” rating for the company. Finally, Stifel Nicolaus downgraded shares of L'Oreal SA from a “buy” rating to a “hold” rating in a research note on Thursday, July 20th.
Shares of L'Oreal SA (NASDAQ:LRLCY) traded up 0.37% during mid-day trading on Tuesday, hitting $43.47. 10,247 shares of the company’s stock traded hands. The firm has a 50-day moving average of $42.57 and a 200 day moving average of $41.50. L'Oreal SA has a 52 week low of $33.38 and a 52 week high of $43.95. The company has a market cap of $121.54 billion and a PE ratio of 27.85.
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About L'Oreal SA
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 Company’s non-core activities include insurance, reinsurance and banking. The Company’s Cosmetics Division is organized into four divisions: Professional Products, Consumer Products, L’Oreal Luxe and Active Cosmetics.
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