L’Oréal S.A. (OTCMKTS:LRLCY) Receives Consensus Rating of “Hold” from Brokerages

Shares of L’Oréal S.A. (OTCMKTS:LRLCY) have received an average recommendation of “Hold” from the seven ratings firms that are presently covering the stock, MarketBeat reports. Two analysts have rated the stock with a sell rating, three have given a hold rating, one has issued a buy rating and one has assigned a strong buy rating to the company.

Several brokerages recently weighed in on LRLCY. Argus raised L’Oréal to a “strong-buy” rating in a research note on Thursday, February 13th. Berenberg Bank downgraded shares of L’Oréal from a “buy” rating to a “hold” rating in a research note on Tuesday, March 25th. Finally, Royal Bank of Canada raised shares of L’Oréal from a “sector perform” rating to an “outperform” rating in a research report on Friday, March 21st.

L’Oréal Stock Performance

Shares of OTCMKTS:LRLCY opened at $88.55 on Monday. The firm’s 50 day moving average is $78.61 and its two-hundred day moving average is $74.09. The company has a debt-to-equity ratio of 0.13, a quick ratio of 0.73 and a current ratio of 1.01. L’Oréal has a 52 week low of $66.64 and a 52 week high of $99.65.

L’Oréal Cuts Dividend

The firm also recently declared a dividend, which will be paid on Thursday, May 29th. Shareholders of record on Monday, May 5th will be paid a dividend of $1.2082 per share. This represents a yield of 1.39%. The ex-dividend date of this dividend is Friday, May 2nd.

About L’Oréal

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 Dermatological Beauty. It offers skincare, make-up, hair colourants, haircare, perfumes, and hygiene products.