L'Oreal SA (OTCMKTS:LRLCY) Given Average Recommendation of "Hold" by Brokerages

Key Points

• L'Oreal SA has received an average consensus rating of "Hold" from nine brokerage firms, with two sell recommendations, five holds, one buy, and one strong buy.
• JPMorgan Chase upgraded L'Oreal from an "underweight" to a "neutral" rating, while Barclays downgraded it from "overweight" to "underweight".
• As of Wednesday, L'Oreal shares opened at $88.72, reflecting a 12-month high of $91.57 and low of $66.64.

L'Oreal SA (OTCMKTS:LRLCY - Get Free Report) has been assigned a consensus rating of "Hold" from the eight analysts that are covering the firm, Marketbeat.com reports. Two analysts have rated the stock with a sell recommendation, four have issued a hold recommendation, one has assigned a buy recommendation and one has issued a strong buy recommendation on the company.

Several equities analysts have recently issued reports on LRLCY shares. Barclays lowered L'Oreal from an "overweight" rating to an "underweight" rating in a report on Tuesday, July 15th. JPMorgan Chase & Co. raised shares of L'Oreal from an "underweight" rating to a "neutral" rating in a research report on Thursday, July 31st.

L'Oreal Price Performance

Shares of LRLCY stock traded up $1.30 during trading on Wednesday, hitting $92.09. The company's stock had a trading volume of 102,269 shares, compared to its average volume of 121,874. The company has a debt-to-equity ratio of 0.16, a quick ratio of 0.81 and a current ratio of 1.13. The business has a fifty day moving average of $86.78 and a 200-day moving average of $81.72. L'Oreal has a 52 week low of $66.64 and a 52 week high of $92.14.

About L'Oreal

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.