L'Oréal S.A. (OTCMKTS:LRLCY - Get Free Report)'s share price passed above its 50-day moving average during trading on Friday . The stock has a 50-day moving average of $81.18 and traded as high as $84.84. L'Oréal shares last traded at $84.37, with a volume of 108,464 shares trading hands.
Analysts Set New Price Targets
A number of brokerages have recently weighed in on LRLCY. Royal Bank of Canada upgraded L'Oréal from a "sector perform" rating to an "outperform" rating in a research report on Friday, March 21st. Argus raised shares of L'Oréal to a "strong-buy" rating in a research note on Thursday, February 13th. Finally, Berenberg Bank cut shares of L'Oréal from a "buy" rating to a "hold" rating in a research note on Tuesday, March 25th. Two equities research analysts have rated the stock with a sell rating, three have assigned a hold rating, one has assigned a buy rating and one has issued a strong buy rating to the company's stock. According to MarketBeat.com, the company currently has a consensus rating of "Hold".
Get Our Latest Research Report on LRLCY
L'Oréal Stock Down 2.5%
The company has a quick ratio of 0.73, a current ratio of 1.01 and a debt-to-equity ratio of 0.13. The firm's fifty day simple moving average is $81.55 and its 200 day simple moving average is $75.26.
L'Oréal Cuts Dividend
The firm also recently disclosed a dividend, which will be paid on Thursday, May 29th. Shareholders of record on Monday, May 5th will be given a dividend of $1.2082 per share. The ex-dividend date is Friday, May 2nd. This represents a yield of 1.39%.
L'Oréal Company Profile
(
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L'Oréal SA, through its subsidiaries, manufactures and sells cosmetic products for women and men worldwide. The company operates through four divisions: Consumer Products, L'oréal Luxe, Professional Products, and Dermatological Beauty. It offers skincare, make-up, hair colourants, haircare, perfumes, and hygiene products.
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