L’Oreal SA (OTCMKTS:LRLCY) Receives Consensus Recommendation of “Moderate Buy” from Brokerages

Shares of L’Oreal SA (OTCMKTS:LRLCY) have been assigned a consensus recommendation of “Moderate Buy” from the thirteen analysts that are covering the firm, Marketbeat reports. One equities research analyst has rated the stock with a sell recommendation, three have assigned a hold recommendation, eight have given a buy recommendation and one has issued a strong buy recommendation on the company. The average 12-month price objective among analysts that have issued a report on the stock in the last year is $100.00.

Several analysts recently issued reports on LRLCY shares. Jefferies Financial Group raised L’Oreal from an “underperform” rating to a “hold” rating in a research note on Wednesday, August 5th. Argus set a $100.00 price target on L’Oreal in a research report on Tuesday, August 18th. Citigroup upgraded L’Oreal from a “neutral” rating to a “buy” rating in a report on Thursday, June 25th. Berenberg Bank upgraded L’Oreal from a “hold” rating to a “buy” rating in a research report on Thursday, May 28th. Finally, BNP Paribas Exane raised L’Oreal from a “neutral” rating to an “outperform” rating in a research note on Wednesday, September 2nd.

L’Oreal Stock Up 2.3%

Shares of OTCMKTS:LRLCY opened at $88.19 on Thursday. The company has a quick ratio of 1.15, a current ratio of 1.44 and a debt-to-equity ratio of 0.23. The company has a 50-day moving average price of $88.19 and a 200-day moving average price of $86.23. L’Oreal has a 12 month low of $78.82 and a 12 month high of $95.48.

L’Oreal Company Profile

L’Oréal SA is a French beauty and cosmetics company that develops, manufactures and markets products for hair care, hair color, skin care, makeup and fragrances. Its portfolio serves consumers, beauty professionals and dermatology-focused customers through brands spanning mass-market, premium, professional and medical beauty categories.

The company’s business is organized around four principal divisions: Consumer Products, L’Oréal Luxe, Professional Products and Dermatological Beauty. Its brands include L’Oréal Paris, Maybelline New York, Garnier, Lancôme, Yves Saint Laurent Beauté, Kérastase, Redken, La Roche-Posay, CeraVe and SkinCeuticals, among others.

Founded in 1909 by chemist Eugène Schueller, L’Oréal has grown into an international company serving markets across Europe, North America, Latin America, Africa, the Middle East and Asia-Pacific.