L'Oreal (OTCMKTS:LRLCY) Receives "Hold" Rating from Erste Group Bank

Key Points

• L'Oreal's stock has received a "hold" rating from Erste Group Bank, reflecting cautious optimism among analysts.
• Despite mixed ratings from various financial institutions, the consensus rating for L'Oreal's stock remains a "Hold".
• The company's shares currently range between a 12-month low of $66.64 and a high of $95.10, indicating some volatility in its stock performance.

L'Oreal (OTCMKTS:LRLCY - Get Free Report)'s stock had its "hold" rating reiterated by investment analysts at Erste Group Bank in a research note issued on Friday, Marketbeat Ratings reports.

A number of other equities research analysts have also recently commented on LRLCY. JPMorgan Chase & Co. raised shares of L'Oreal from an "underweight" rating to a "neutral" rating in a research note on Thursday, July 31st. Barclays cut shares of L'Oreal from an "overweight" rating to an "underweight" rating in a research note on Tuesday, July 15th. Jefferies Financial Group cut shares of L'Oreal from a "hold" rating to an "underperform" rating in a research note on Tuesday, September 16th. Finally, DZ Bank raised shares of L'Oreal from a "hold" rating to a "strong-buy" rating in a research note on Thursday, September 25th. Two analysts have rated the stock with a Strong Buy rating, one has assigned a Buy rating, four have given a Hold rating and two have issued a Sell rating to the company's stock. According to data from MarketBeat, the company presently has a consensus rating of "Hold".

L'Oreal Stock Performance

Shares of OTCMKTS LRLCY opened at $87.63 on Friday. L'Oreal has a 12 month low of $66.64 and a 12 month high of $95.10. The firm's 50 day simple moving average is $89.86 and its 200-day simple moving average is $85.56. The company has a quick ratio of 0.90, a current ratio of 1.19 and a debt-to-equity ratio of 0.15.

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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