EssilorLuxottica Société anonyme (OTCMKTS:ESLOY) Receives Average Recommendation of “Hold” from Brokerages

Shares of EssilorLuxottica Société anonyme (OTCMKTS:ESLOY) have been assigned an average recommendation of “Hold” from the nine research firms that are currently covering the company, Marketbeat Ratings reports. One research analyst has rated the stock with a sell rating, five have given a hold rating and three have issued a buy rating on the company. The average 1-year price target among brokerages that have updated their coverage on the stock in the last year is $91.31.

Several research analysts have weighed in on the company. Morgan Stanley reissued an “overweight” rating on shares of EssilorLuxottica Société anonyme in a research report on Tuesday, August 10th. Berenberg Bank reissued a “buy” rating on shares of EssilorLuxottica Société anonyme in a report on Wednesday, July 7th. Societe Generale restated a “sell” rating on shares of EssilorLuxottica Société anonyme in a research note on Thursday, July 1st. UBS Group reiterated a “buy” rating on shares of EssilorLuxottica Société anonyme in a research report on Monday, August 2nd. Finally, Zacks Investment Research lowered EssilorLuxottica Société anonyme from a “buy” rating to a “hold” rating in a research report on Monday, August 16th.

OTCMKTS ESLOY opened at $98.77 on Tuesday. The business has a 50 day moving average price of $95.73 and a 200-day moving average price of $89.01. EssilorLuxottica Société anonyme has a 52 week low of $61.23 and a 52 week high of $101.83. The company has a market cap of $87.27 billion, a price-to-earnings ratio of 96.83, a P/E/G ratio of 24.19 and a beta of 0.98. The company has a quick ratio of 1.91, a current ratio of 2.22 and a debt-to-equity ratio of 0.28.

About EssilorLuxottica Société anonyme

EssilorLuxottica SA engages in the design, manufacture, and sales of ophthalmic lenses and instruments. It operates through the following business segments: Lenses & Optical Instruments, Equipment, and Sunglasses and Readers. The Lenses & Optical Instruments business segment engages in the production, finishing, distribution and trading of lens and instruments.

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Analyst Recommendations for EssilorLuxottica Société anonyme (OTCMKTS:ESLOY)

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