EssilorLuxottica Société anonyme (OTCMKTS:ESLOY) Stock Rating Lowered by Royal Bank of Canada

EssilorLuxottica Société anonyme (OTCMKTS:ESLOY – Get Rating) was downgraded by analysts at Royal Bank of Canada from a “sector perform” rating to an “underperform” rating in a research note issued to investors on Tuesday, The Fly reports.

ESLOY has been the topic of several other reports. Societe Generale boosted their price objective on shares of EssilorLuxottica Société anonyme to €182.00 ($195.70) in a research note on Thursday, December 15th. Morgan Stanley lowered their price objective on shares of EssilorLuxottica Société anonyme from €195.00 ($209.68) to €185.00 ($198.92) in a research note on Wednesday, October 5th. Finally, Citigroup began coverage on shares of EssilorLuxottica Société anonyme in a research note on Monday, December 12th. They set a “buy” rating on the stock. One equities research analyst has rated the stock with a sell rating, one has assigned a hold rating and three have assigned a buy rating to the stock. According to data from MarketBeat.com, the stock has a consensus rating of “Hold” and a consensus target price of $173.80.

EssilorLuxottica Société anonyme Trading Up 0.6 %

Shares of ESLOY stock opened at $93.68 on Tuesday. EssilorLuxottica Société anonyme has a 1 year low of $66.60 and a 1 year high of $102.41. The firm’s fifty day moving average price is $90.62 and its two-hundred day moving average price is $81.29.

EssilorLuxottica Société anonyme Company Profile

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EssilorLuxottica Société anonyme designs, manufactures, and distributes ophthalmic lenses, frames, and sunglasses in North America, Europe, Latin America, Asia, Oceania, and Africa. It operates in five segments: Wholesale, Retail, Lenses and Optical Instruments, Equipment, and Sunglasses and Readers.