L’Oreal (OTCMKTS:LRLCY) Earns “Hold” Rating from Erste Group Bank

Erste Group Bank reissued their hold rating on shares of L’Oreal (OTCMKTS:LRLCY) in a research report released on Friday, MarketBeat.com reports.

A number of other equities research analysts also recently commented on LRLCY. JPMorgan Chase & Co. raised L’Oreal from an “underweight” rating to a “neutral” rating in a report on Thursday, July 31st. Jefferies Financial Group downgraded shares of L’Oreal from a “hold” rating to an “underperform” rating in a report on Tuesday, September 16th. DZ Bank upgraded shares of L’Oreal from a “hold” rating to a “strong-buy” rating in a research report on Thursday, September 25th. Finally, Barclays downgraded shares of L’Oreal from an “overweight” rating to an “underweight” rating in a research report on Tuesday, July 15th. Two research analysts have rated the stock with a Strong Buy rating, one has issued a Buy rating, four have issued a Hold rating and two have assigned a Sell rating to the company. Based on data from MarketBeat.com, the company presently has an average rating of “Hold”.

L’Oreal Price Performance

LRLCY opened at $88.55 on Friday. The company has a debt-to-equity ratio of 0.15, a current ratio of 1.19 and a quick ratio of 0.90. L’Oreal has a 12 month low of $66.64 and a 12 month high of $95.10. The business has a 50 day simple moving average of $89.87 and a 200-day simple moving average of $85.72.

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.