L’Oreal SA (OTCMKTS:LRLCY) Receives Average Rating of “Hold” from Brokerages

L’Oreal SA (OTCMKTS:LRLCY) has been assigned a consensus recommendation of “Hold” from the seven brokerages that are presently covering the company, Marketbeat Ratings reports. Two investment analysts have rated the stock with a sell recommendation, three have issued a hold recommendation, one has given a buy recommendation and one has issued a strong buy recommendation on the company.

A number of research analysts have commented on the company. Berenberg Bank cut L’Oreal from a “buy” rating to a “hold” rating in a research note on Tuesday, March 25th. Royal Bank Of Canada raised L’Oreal from a “sector perform” rating to an “outperform” rating in a research report on Friday, March 21st.

L’Oreal Price Performance

LRLCY opened at $83.79 on Tuesday. L’Oreal has a one year low of $66.64 and a one year high of $95.32. The business’s 50 day moving average price is $84.97 and its 200 day moving average price is $77.36. The company has a current ratio of 1.13, a quick ratio of 0.81 and a debt-to-equity ratio of 0.16.

L’Oreal Cuts Dividend

The business also recently declared a dividend, which was paid on Thursday, May 29th. Investors of record on Monday, May 5th were issued a dividend of $1.2082 per share. This represents a dividend yield of 1.39%. The ex-dividend date of this dividend was Friday, May 2nd.

About L’Oreal

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.