Zacks Research Upgrades EssilorLuxottica (OTCMKTS:ESLOY) to Strong-Buy

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

Separately, Barclays started coverage on EssilorLuxottica in a research report on Tuesday, September 9th. They set an “overweight” rating on the stock. One equities research analyst has rated the stock with a Strong Buy rating, one has assigned a Buy rating and one has issued a Hold rating to the company’s stock. Based on data from MarketBeat.com, the company currently has an average rating of “Buy”.

EssilorLuxottica Trading Up 0.3%

Shares of ESLOY stock opened at $184.16 on Monday. The business’s fifty day moving average price is $159.65 and its 200 day moving average price is $148.22. EssilorLuxottica has a 1-year low of $115.42 and a 1-year high of $184.50. The company has a quick ratio of 0.67, a current ratio of 0.97 and a debt-to-equity ratio of 0.18.

EssilorLuxottica Company Profile

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.