L’Oreal (LRLCY) Upgraded by Goldman Sachs Group to “Buy”

L’Oreal (OTCMKTS:LRLCY) was upgraded by Goldman Sachs Group from a “neutral” rating to a “buy” rating in a note issued to investors on Monday, Marketbeat.com reports.

Separately, Zacks Investment Research lowered L’Oreal from a “buy” rating to a “hold” rating in a report on Wednesday, September 6th. One equities research analyst has rated the stock with a sell rating, two have given a hold rating and three have assigned a buy rating to the company. The stock has a consensus rating of “Hold” and an average price target of $49.00.

L’Oreal (OTCMKTS LRLCY) traded up $0.05 during trading hours on Monday, reaching $44.40. The company’s stock had a trading volume of 38,515 shares, compared to its average volume of 47,609. L’Oreal has a 1 year low of $34.83 and a 1 year high of $46.78.

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L’Oreal 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 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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