L’Oreal SA (OTCMKTS:LRLCY) Receives Average Rating of “Hold” from Analysts

L’Oreal SA (OTCMKTS:LRLCY) has been given an average recommendation of “Hold” by the seven brokerages that are covering the firm, Marketbeat.com reports. Two analysts have rated the stock with a sell rating, three have assigned a hold rating, one has assigned a buy rating and one has assigned a strong buy rating to the company.

LRLCY has been the subject of several research reports. Berenberg Bank downgraded L’Oreal from a “buy” rating to a “hold” rating in a research report on Tuesday, March 25th. Royal Bank Of Canada upgraded L’Oreal from a “sector perform” rating to an “outperform” rating in a report on Friday, March 21st.

L’Oreal Stock Up 0.2%

Shares of L’Oreal stock opened at $83.79 on Tuesday. The company has a debt-to-equity ratio of 0.16, a quick ratio of 0.81 and a current ratio of 1.13. L’Oreal has a 1 year low of $66.64 and a 1 year high of $95.32. The business has a 50 day moving average price of $84.97 and a 200 day moving average price of $77.36.

L’Oreal Cuts Dividend

The firm also recently declared a dividend, which was paid on Thursday, May 29th. Shareholders of record on Monday, May 5th were issued a $1.2082 dividend. The ex-dividend date of this dividend was Friday, May 2nd. This represents a yield of 1.39%.

L’Oreal Company Profile

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.