Royal Bank of Canada Reiterates Sector Perform Rating for L’Oréal (OTCMKTS:LRLCY)

Royal Bank of Canada reissued their sector perform rating on shares of L’Oréal (OTCMKTS:LRLCY) in a research report sent to investors on Monday, The Fly reports.

A number of other brokerages have also weighed in on LRLCY. Barclays reaffirmed an underweight rating on shares of L’Oréal in a research report on Wednesday, September 30th. The Goldman Sachs Group raised L’Oréal from a neutral rating to a buy rating in a research report on Monday, September 28th. Berenberg Bank raised L’Oréal from a sell rating to a hold rating in a research report on Monday. Argus boosted their price target on L’Oréal from $68.00 to $76.00 and gave the stock a buy rating in a research report on Thursday, August 20th. Finally, Zacks Investment Research lowered L’Oréal from a buy rating to a hold rating in a research report on Tuesday, September 22nd. Three research analysts have rated the stock with a sell rating, four have issued a hold rating and six have given a buy rating to the company’s stock. L’Oréal has an average rating of Hold and an average target price of $76.00.

Shares of OTCMKTS LRLCY opened at $65.41 on Monday. The business has a fifty day simple moving average of $66.40 and a two-hundred day simple moving average of $62.48. The firm has a market cap of $182.92 billion, a PE ratio of 52.33, a price-to-earnings-growth ratio of 7.71 and a beta of 0.48. L’Oréal has a twelve month low of $43.46 and a twelve month high of $70.00.

L’Oréal Company Profile

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 Active Cosmetics. It offers shampoos, hair care products, shower gels, skin care products, cleansers, hair colors, styling products, deodorants, sun care products, make-up, perfumes, etc.

Recommended Story: What are benefits of a growth and income fund?

The Fly

Analyst Recommendations for L`Oréal (OTCMKTS:LRLCY)

Receive News & Ratings for L'Oréal Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for L'Oréal and related companies with MarketBeat.com's FREE daily email newsletter.