L’Oreal (OTCMKTS:LRLCY) Upgraded to Strong-Buy at Zacks Research

Zacks Research upgraded shares of L’Oreal (OTCMKTS:LRLCY) from a hold rating to a strong-buy rating in a research note published on Tuesday morning,Zacks.com reports.

A number of other research analysts also recently weighed in on LRLCY. Citigroup restated a “neutral” rating on shares of L’Oreal in a research report on Friday, November 21st. DZ Bank raised L’Oreal from a “hold” rating to a “strong-buy” rating in a report on Thursday, September 25th. Erste Group Bank cut L’Oreal from a “strong-buy” rating to a “hold” rating in a research report on Monday, November 10th. Jefferies Financial Group reissued an “underperform” rating on shares of L’Oreal in a research report on Tuesday, October 21st. Finally, Rothschild & Co Redburn raised shares of L’Oreal from a “neutral” rating to a “buy” rating in a research report on Tuesday, November 25th. Four analysts have rated the stock with a Strong Buy rating, three have assigned a Buy rating, five have assigned a Hold rating and two have given a Sell rating to the stock. According to MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy”.

L’Oreal Price Performance

Shares of OTCMKTS LRLCY opened at $90.98 on Tuesday. L’Oreal has a 12 month low of $68.95 and a 12 month high of $95.10. The stock has a 50 day moving average of $86.37 and a 200-day moving average of $87.57. The company has a current ratio of 1.19, a quick ratio of 0.90 and a debt-to-equity ratio of 0.15.

About L’Oreal

L’Oréal SA is a global beauty and personal care company, founded in 1909 by Eugène Schueller and headquartered in Clichy, France. The company develops, manufactures and markets a broad range of consumer and professional products across cosmetics, skin care, hair care, hair color, and fragrances. L’Oréal serves customers around the world through a combination of direct retail, salons, pharmacies, department stores and e-commerce, operating in numerous countries across Europe, the Americas, Asia-Pacific, Africa and the Middle East.

Operations are organized around several business divisions that target distinct channels and consumer segments, including Consumer Products, L’Oréal Luxe, Professional Products and Active Cosmetics.