L'Oreal (OTCMKTS:LRLCY) Downgraded to Underperform Rating by Jefferies Financial Group

Key Points

• Jefferies Financial Group has downgraded L'Oreal from a "hold" to an "underperform" rating, highlighting a shift in market sentiment towards the stock.
• Barclays also lowered its rating from "overweight" to "underweight", while JPMorgan upgraded it from "underweight" to "neutral," indicating mixed analyst perspectives.
• L'Oreal's shares recently opened at $91.32 and have experienced a 52-week range from a low of $66.64 to a high of $95.10.

L'Oreal (OTCMKTS:LRLCY - Get Free Report) was downgraded by Jefferies Financial Group from a "hold" rating to an "underperform" rating in a research report issued on Tuesday,Briefing.com Automated Import reports.

A number of other research analysts have also recently issued reports on LRLCY. Barclays cut shares of L'Oreal from an "overweight" rating to an "underweight" rating in a research note on Tuesday, July 15th. JPMorgan Chase & Co. upgraded shares of L'Oreal from an "underweight" rating to a "neutral" rating in a research report on Thursday, July 31st. One equities research analyst has rated the stock with a Strong Buy rating, one has assigned a Buy rating, four have issued a Hold rating and two have issued a Sell rating to the stock. According to MarketBeat.com, the stock currently has an average rating of "Hold".

L'Oreal Price Performance

Shares of OTCMKTS:LRLCY opened at $91.32 on Tuesday. The company's 50 day simple moving average is $89.77 and its 200 day simple moving average is $84.84. The company has a debt-to-equity ratio of 0.16, a current ratio of 1.13 and a quick ratio of 0.81. L'Oreal has a 1 year low of $66.64 and a 1 year high of $95.10.

L'Oreal Company Profile

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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