L’Oréal S.A. (OTCMKTS:LRLCY) Given Average Rating of “Hold” by Brokerages

L’Oréal S.A. (OTCMKTS:LRLCYGet Rating) has earned an average rating of “Hold” from the twelve brokerages that are presently covering the stock, MarketBeat.com reports. One research analyst has rated the stock with a sell rating, five have assigned a hold rating and two have assigned a buy rating to the company. The average 12 month target price among brokerages that have issued ratings on the stock in the last year is $372.89.

A number of research analysts have commented on LRLCY shares. Deutsche Bank Aktiengesellschaft decreased their target price on shares of L’Oréal from €400.00 ($400.00) to €380.00 ($380.00) in a research report on Tuesday, October 11th. BNP Paribas cut shares of L’Oréal from an “outperform” rating to a “neutral” rating in a research report on Wednesday, September 14th. Morgan Stanley decreased their target price on shares of L’Oréal from €385.00 ($385.00) to €365.00 ($365.00) and set an “equal weight” rating on the stock in a research report on Tuesday, October 11th. Exane BNP Paribas cut shares of L’Oréal from an “outperform” rating to a “neutral” rating in a research report on Wednesday, September 14th. Finally, Berenberg Bank reduced their price target on shares of L’Oréal from €347.00 ($347.00) to €314.00 ($314.00) in a research report on Wednesday, October 26th.

L’Oréal Stock Up 5.1 %

OTCMKTS LRLCY opened at $72.32 on Monday. The firm’s 50-day moving average is $64.98 and its two-hundred day moving average is $67.98. L’Oréal has a 12 month low of $58.38 and a 12 month high of $97.48.

About L’Oréal

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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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Analyst Recommendations for L'Oréal (OTCMKTS:LRLCY)

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