L’Oreal SA (LRLCY) Earns “Neutral” Rating from JPMorgan Chase & Co.
L’Oreal SA (OTCMKTS:LRLCY)‘s stock had its “neutral” rating reaffirmed by equities research analysts at JPMorgan Chase & Co. in a research report issued on Thursday.
A number of other equities analysts also recently commented on the stock. Zacks Investment Research raised shares of L’Oreal SA from a “sell” rating to a “hold” rating in a report on Tuesday, September 13th. Sanford C. Bernstein reissued an “underperform” rating on shares of L’Oreal SA in a report on Tuesday, August 30th. Berenberg Bank initiated coverage on shares of L’Oreal SA in a report on Friday, September 9th. They set a “hold” rating for the company. Finally, Goldman Sachs Group Inc. reissued a “buy” rating on shares of L’Oreal SA in a report on Tuesday, June 21st. Three investment analysts have rated the stock with a sell rating, eight have issued a hold rating and three have issued a buy rating to the stock. The stock has an average rating of “Hold” and an average price target of $39.00.
L’Oreal SA (OTCMKTS:LRLCY) opened at 38.04 on Thursday. The stock has a market cap of $106.35 billion, a PE ratio of 33.11 and a beta of 0.82. L’Oreal SA has a 12-month low of $31.08 and a 12-month high of $39.51. The firm has a 50 day moving average of $38.19 and a 200-day moving average of $37.06.
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L’Oreal SA Company Profile
L’Oreal SA is a holding company. The Company has a role of strategic coordination and of scientific, industrial and marketing coordination of the L’Oreal Group (Group) on a global basis. The Group creates and develops cosmetic products. The Company’s Cosmetics branch is organized into four operating divisions.
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