Sanford C. Bernstein Reaffirms Underperform Rating on L’Oreal SA (OR)
L’Oreal SA (EPA: OR)‘s stock had its “underperform” rating reaffirmed by research analysts at Sanford C. Bernstein in a report released on Thursday. They currently have a $122.08 (€94) target price on the stock.
Shares of L’Oreal SA traded down 1.00% during mid-day trading on Thursday, hitting €104.20. L’Oreal SA has a 52 week low of €79.22 and a 52 week high of €107.50. The stock’s 50-day moving average is currently €97.25. The company has a market cap of €62.526 billion and a P/E ratio of 24.39.
Other equities research analysts have also recently issued reports about the stock. Analysts at RBC Capital reiterated an “outperform” rating on shares of L’Oreal SA in a research note to investors on Tuesday. They now have a $146.05 price target on the stock. Separately, analysts at Barclays Capital reiterated an “overweight” rating on shares of L’Oreal SA in a research note to investors on Thursday, December 13th. They now have a $151.95 price target on the stock. Finally, analysts at AlphaValue reiterated a “reduce” rating on shares of L’Oreal SA in a research note to investors on Friday, November 30th. They now have a $136.36 price target on the stock.
L’Oreal SA is a France-based cosmetic group. It is structured into three branches: Cosmetics, The Body Shop and Dermatology.
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