L’Oreal (OTCMKTS:LRLCY) Downgraded by Jefferies Financial Group to Underperform

Jefferies Financial Group lowered shares of L’Oreal (OTCMKTS:LRLCY) from a hold rating to an underperform rating in a research report released on Tuesday morning, MarketBeat.com reports.

LRLCY has been the subject of several other research reports. JPMorgan Chase & Co. raised shares of L’Oreal from an “underweight” rating to a “neutral” rating in a report on Thursday, July 31st. Barclays cut L’Oreal from an “overweight” rating to an “underweight” rating in a report on Tuesday, July 15th. One research analyst has rated the stock with a Strong Buy rating, one has assigned a Buy rating, four have given a Hold rating and two have assigned a Sell rating to the stock. Based on data from MarketBeat.com, the company currently has an average rating of “Hold”.

L’Oreal Stock Down 2.3%

LRLCY stock opened at $89.26 on Tuesday. The company has a quick ratio of 0.81, a current ratio of 1.13 and a debt-to-equity ratio of 0.16. The company has a fifty day moving average price of $89.80 and a two-hundred day moving average price of $84.87. L’Oreal has a one year low of $66.64 and a one year high of $95.10.

L’Oreal Company Profile

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.