L'Oreal (OTCMKTS:LRLCY) Upgraded by DZ Bank to Strong-Buy Rating

Key Points

• L'Oreal has been upgraded from a "hold" rating to a "strong-buy" rating by DZ Bank, reflecting increased confidence in the company's performance.
• Several other analysts have shown mixed sentiments, with ratings varying from "underweight" to "neutral," resulting in an average rating of "Hold" for L'Oreal's stock.
• The current price of L'Oreal shares is $85.66, with notable fluctuations within the past year, reaching a low of $66.64 and a high of $95.10.

L'Oreal (OTCMKTS:LRLCY - Get Free Report) was upgraded by equities researchers at DZ Bank from a "hold" rating to a "strong-buy" rating in a note issued to investors on Thursday,Zacks.com reports.

Several other equities research analysts also recently commented on the company. JPMorgan Chase & Co. upgraded L'Oreal from an "underweight" rating to a "neutral" rating in a report on Thursday, July 31st. Barclays downgraded L'Oreal from an "overweight" rating to an "underweight" rating in a report on Tuesday, July 15th. Finally, Jefferies Financial Group downgraded L'Oreal from a "hold" rating to an "underperform" rating in a report on Tuesday, September 16th. Two investment analysts have rated the stock with a Strong Buy rating, one has assigned a Buy rating, three have assigned a Hold rating and two have issued a Sell rating to the company. According to data from MarketBeat, the stock presently has an average rating of "Hold".

L'Oreal Price Performance

Shares of LRLCY stock opened at $85.66 on Thursday. The stock has a 50 day simple moving average of $89.90 and a two-hundred day simple moving average of $85.32. The company has a current ratio of 1.13, a quick ratio of 0.81 and a debt-to-equity ratio of 0.16. L'Oreal has a fifty-two week low of $66.64 and a fifty-two week 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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