L’Oréal (EPA:OR – Get Rating) had its price objective boosted by stock analysts at UBS Group from €450.00 ($483.87) to €465.00 ($500.00) in a report issued on Thursday, The Fly reports. UBS Group’s price objective would suggest a potential upside of 31.49% from the stock’s previous close.
Separately, Morgan Stanley increased their target price on L’Oréal from €385.00 ($413.98) to €390.00 ($419.35) in a research report on Thursday.
OR traded up €2.70 ($2.90) during trading on Thursday, reaching €353.65 ($380.27). 610,594 shares of the company traded hands, compared to its average volume of 686,017. L’Oréal has a 12-month low of €170.30 ($183.12) and a 12-month high of €197.15 ($211.99). The firm has a fifty day simple moving average of €355.81 and a 200 day simple moving average of €381.72.
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.
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