L’Oreal SA (OTCMKTS:LRLCY) Given Consensus Recommendation of “Hold” by Analysts

Shares of L’Oreal SA (OTCMKTS:LRLCY) have received a consensus recommendation of “Hold” from the nine analysts that are presently covering the stock, Marketbeat Ratings reports. Three research analysts have rated the stock with a sell rating, four have assigned a hold rating, one has issued a buy rating and one has assigned a strong buy rating to the company.

A number of research firms recently weighed in on LRLCY. Barclays lowered shares of L’Oreal from a “strong-buy” rating to a “strong sell” rating in a report on Tuesday. Royal Bank Of Canada raised shares of L’Oreal from a “sector perform” rating to an “outperform” rating in a report on Friday, March 21st. Finally, Berenberg Bank lowered shares of L’Oreal from a “buy” rating to a “hold” rating in a report on Tuesday, March 25th.

L’Oreal Price Performance

Shares of LRLCY opened at $84.04 on Friday. The company has a quick ratio of 0.81, a current ratio of 1.13 and a debt-to-equity ratio of 0.16. L’Oreal has a 1 year low of $66.64 and a 1 year high of $91.57. The company has a 50 day simple moving average of $85.60 and a two-hundred day simple moving average of $79.22.

L’Oreal Cuts Dividend

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

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.