L'Oreal (OTCMKTS:LRLCY) Upgraded to "Neutral" at JPMorgan Chase & Co.

Key Points

• JPMorgan Chase & Co. upgraded L'Oreal from an "underweight" to a "neutral" rating, indicating a more favorable view of the company's stocks as of Thursday.
• In contrast, Barclays downgraded L'Oreal from "overweight" to "underweight," reflecting mixed analyst sentiments where the stock has received various ratings, including two sell ratings and one strong buy.
• L'Oreal's stock saw a 4.0% increase, with its current trading price at $88.88, while its average rating remains at "Hold" according to MarketBeat.

JPMorgan Chase & Co. upgraded shares of L'Oreal (OTCMKTS:LRLCY - Free Report) from an underweight rating to a neutral rating in a research report sent to investors on Thursday morning, MarketBeat Ratings reports.

Separately, Barclays cut shares of L'Oreal from an "overweight" rating to an "underweight" rating in a research note on Tuesday, July 15th. Two equities research analysts have rated the stock with a sell rating, five have assigned a hold rating, one has assigned a buy rating and one has assigned a strong buy rating to the stock. Based on data from MarketBeat, the company currently has an average rating of "Hold".

L'Oreal Price Performance

Shares of OTCMKTS LRLCY traded down $1.60 during trading hours on Thursday, hitting $86.93. 118,185 shares of the stock were exchanged, compared to its average volume of 122,237. The company has a debt-to-equity ratio of 0.16, a current ratio of 1.13 and a quick ratio of 0.81. The company's 50 day moving average is $85.99 and its 200 day moving average is $80.52. L'Oreal has a one year low of $66.64 and a one year high of $91.57.

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.