Erste Group Bank Reiterates “Hold” Rating for L’Oreal (OTCMKTS:LRLCY)

Erste Group Bank reiterated their hold rating on shares of L’Oreal (OTCMKTS:LRLCY) in a report issued on Friday, Marketbeat Ratings reports.

A number of other equities research analysts have also recently weighed in on LRLCY. DZ Bank upgraded shares of L’Oreal from a “hold” rating to a “strong-buy” rating in a report on Thursday, September 25th. Jefferies Financial Group downgraded shares of L’Oreal from a “hold” rating to an “underperform” rating in a research note on Tuesday, September 16th. Barclays downgraded shares of L’Oreal from an “overweight” rating to an “underweight” rating in a research note on Tuesday, July 15th. Finally, JPMorgan Chase & Co. upgraded shares of L’Oreal from an “underweight” rating to a “neutral” rating in a research note on Thursday, July 31st. Two analysts have rated the stock with a Strong Buy rating, one has issued a Buy rating, four have assigned a Hold rating and two have given a Sell rating to the stock. According to MarketBeat.com, the company has an average rating of “Hold”.

L’Oreal Stock Performance

Shares of OTCMKTS LRLCY opened at $88.55 on Friday. The company has a current ratio of 1.19, a quick ratio of 0.90 and a debt-to-equity ratio of 0.15. L’Oreal has a 1 year low of $66.64 and a 1 year high of $95.10. The company’s 50-day moving average is $89.87 and its 200 day moving average is $85.62.

About L’Oreal

L'Oréal SA, through its subsidiaries, manufactures and sells cosmetic products for women and men worldwide. The company operates through four divisions: Consumer Products, L'oréal Luxe, Professional Products, and Dermatological Beauty. It offers skincare, make-up, hair colourants, haircare, perfumes, and hygiene products.