L’Oreal SA (OTCMKTS:LRLCY) Stock Has Average Target Price of $100.00 According to Brokerages

Shares of L’Oreal SA (OTCMKTS:LRLCY) have received a consensus rating of “Moderate Buy” from the twelve analysts that are currently covering the stock, Marketbeat Ratings reports. One investment analyst has rated the stock with a sell recommendation, two have assigned a hold recommendation, eight have issued a buy recommendation and one has issued a strong buy recommendation on the company. The average 12-month target price among brokers that have issued a report on the stock in the last year is $100.00.

A number of research firms have recently issued reports on LRLCY. Citigroup restated a “buy” rating on shares of L’Oreal in a research report on Friday, October 23rd. Argus set a $100.00 target price on L’Oreal in a research report on Tuesday, August 18th. Jefferies Financial Group raised L’Oreal from an “underperform” rating to a “hold” rating in a research report on Wednesday, August 5th. Erste Group Bank upgraded shares of L’Oreal from a “hold” rating to a “strong-buy” rating in a research note on Friday, October 30th. Finally, BNP Paribas Exane upgraded shares of L’Oreal from a “neutral” rating to an “outperform” rating in a research note on Wednesday, September 2nd.

L’Oreal Trading Down 1.0%

Shares of LRLCY stock opened at $99.66 on Friday. The stock has a 50 day moving average of $90.37 and a two-hundred day moving average of $87.92. The company has a current ratio of 0.97, a quick ratio of 0.70 and a debt-to-equity ratio of 0.29. L’Oreal has a 12 month low of $78.82 and a 12 month high of $102.50.

About L’Oreal

L’Oréal is a French beauty and cosmetics company founded in 1909 by chemist Eugène Schueller. Headquartered in Clichy, France, it develops, manufactures and markets products across skincare, makeup, haircare and fragrance. The company sells products through consumer, luxury, professional and dermatological beauty businesses. Its portfolio includes brands such as L’Oréal Paris, Maybelline New York, Lancôme, Kérastase and CeraVe, with products distributed in markets around the world. L’Oréal serves consumers through a range of channels, including retail stores, salons, pharmacies and online platforms.