EssilorLuxottica Unsponsored ADR (OTCMKTS:ESLOY – Get Free Report) hit a new 52-week low during trading on Thursday . The stock traded as low as $91.11 and last traded at $91.2075, with a volume of 22743 shares trading hands. The stock had previously closed at $93.03.
Wall Street Analyst Weigh In
A number of equities analysts recently weighed in on ESLOY shares. Deutsche Bank Aktiengesellschaft began coverage on EssilorLuxottica in a research report on Tuesday, May 12th. They issued a “hold” rating for the company. The Goldman Sachs Group lowered shares of EssilorLuxottica from a “buy” rating to a “hold” rating in a research note on Tuesday, July 14th. Finally, Zacks Research upgraded shares of EssilorLuxottica from a “strong sell” rating to a “hold” rating in a report on Tuesday, August 18th. Two equities research analysts have rated the stock with a Strong Buy rating, four have assigned a Buy rating and three have given a Hold rating to the company. According to MarketBeat, EssilorLuxottica presently has a consensus rating of “Moderate Buy”.
Get Our Latest Report on ESLOY
EssilorLuxottica Trading Up 2.3%
EssilorLuxottica Company Profile
EssilorLuxottica SE is a global ophthalmic optics company formed through the 2018 merger of France-based Essilor and Italy-based Luxottica. Headquartered near Paris, the company combines lens manufacturing, frame design and production, brand management and retail operations to provide a vertically integrated offering across the vision care value chain. Its activities span product research and development, manufacturing, wholesale distribution and retailing of spectacles, sunglasses and ophthalmic lenses.
The company’s product portfolio includes prescription and non-prescription lenses, lens coatings and treatments, and an array of eyewear brands and frames.
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