EssilorLuxottica (OTCMKTS:ESLOY) Lowered to “Hold” Rating by Zacks Research

EssilorLuxottica (OTCMKTS:ESLOY) was downgraded by equities research analysts at Zacks Research from a “strong-buy” rating to a “hold” rating in a research note issued to investors on Tuesday,Zacks.com reports.

A number of other analysts have also recently issued reports on ESLOY. Royal Bank Of Canada reissued an “outperform” rating on shares of EssilorLuxottica in a research report on Tuesday, October 28th. Barclays began coverage on shares of EssilorLuxottica in a report on Tuesday, September 9th. They issued an “overweight” rating on the stock. Two equities research analysts have rated the stock with a Buy rating and two have given a Hold rating to the stock. According to data from MarketBeat, the stock currently has an average rating of “Moderate Buy”.

EssilorLuxottica Stock Down 1.0%

Shares of ESLOY opened at $178.68 on Tuesday. The company has a debt-to-equity ratio of 0.18, a current ratio of 0.97 and a quick ratio of 0.67. EssilorLuxottica has a 1-year low of $118.18 and a 1-year high of $186.81. The firm has a fifty day moving average price of $171.34 and a 200 day moving average price of $154.51.

About EssilorLuxottica

EssilorLuxottica Société anonyme designs, manufactures, and distributes ophthalmic lenses, frames, and sunglasses in Europe, the Middle East, Africa, Latin America, the Asia-Pacific, and North America. It operates through Professional Solutions and Direct to Consumer segments. The company offers lens under the Essilor, Varilux, Crizal, Eyezen, Stellest, Xperio, Transitions, Ray-Ban, Oakley, Barberini, KODAK Lens, Nikon, Shamir, eyexpert, iWear, Humanware, and Optifog brands.