EssilorLuxottica (OTCMKTS:ESLOY) Upgraded to Strong-Buy at Zacks Research

Key Points

• EssilorLuxottica was upgraded to a "strong-buy" rating by Zacks Research, indicating increased investor confidence in the stock.
• Barclays has also started coverage on EssilorLuxottica with an "overweight" rating, which contributes to a current consensus rating of "Buy" among analysts.
• As of Monday, the stock opened at $184.16, with a fifty-two week range showing significant growth from a low of $115.42 to a high of $184.50.

EssilorLuxottica (OTCMKTS:ESLOY - Get Free Report) was upgraded by Zacks Research from a "hold" rating to a "strong-buy" rating in a research note issued to investors on Monday,Zacks.com reports.

Separately, Barclays initiated coverage on EssilorLuxottica in a report on Tuesday, September 9th. They set an "overweight" rating for the company. One equities research analyst has rated the stock with a Strong Buy rating, one has assigned a Buy rating and one has assigned a Hold rating to the stock. According to data from MarketBeat, the stock presently has a consensus rating of "Buy".

EssilorLuxottica Price Performance

Shares of OTCMKTS ESLOY opened at $184.16 on Monday. The company has a quick ratio of 0.67, a current ratio of 0.97 and a debt-to-equity ratio of 0.18. The business has a fifty day moving average price of $159.65 and a two-hundred day moving average price of $148.22. EssilorLuxottica has a fifty-two week low of $115.42 and a fifty-two week high of $184.50.

EssilorLuxottica Company Profile

EssilorLuxottica Société anonyme designs, manufactures, and distributes ophthalmic lenses, frames, and sunglasses in Europe, the Middle East, Africa, Latin America, the Asia-Pacific, and North America. It operates through Professional Solutions and Direct to Consumer segments. The company offers lens under the Essilor, Varilux, Crizal, Eyezen, Stellest, Xperio, Transitions, Ray-Ban, Oakley, Barberini, KODAK Lens, Nikon, Shamir, eyexpert, iWear, Humanware, and Optifog brands.

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