EssilorLuxottica (OTCMKTS:ESLOY) Upgraded at UBS Group

UBS Group upgraded shares of EssilorLuxottica (OTCMKTS:ESLOY) from a hold rating to a strong-buy rating in a research report released on Thursday,Zacks.com reports.

A number of other equities research analysts have also weighed in on ESLOY. Zacks Research lowered shares of EssilorLuxottica from a “strong-buy” rating to a “hold” rating in a report on Tuesday, November 18th. Royal Bank Of Canada reissued an “outperform” rating on shares of EssilorLuxottica in a report on Tuesday, October 28th. Finally, Barclays initiated coverage on EssilorLuxottica in a report on Tuesday, September 9th. They set an “overweight” rating for the company. One analyst has rated the stock with a Strong Buy rating, two have given a Buy rating and one has given a Hold rating to the company. Based on data from MarketBeat.com, the stock has a consensus rating of “Buy”.

EssilorLuxottica Stock Performance

Shares of OTCMKTS ESLOY opened at $179.22 on Thursday. The company has a current ratio of 0.97, a quick ratio of 0.67 and a debt-to-equity ratio of 0.18. The firm’s 50 day moving average price is $174.14 and its 200-day moving average price is $156.33. EssilorLuxottica has a 52-week low of $118.18 and a 52-week high of $186.81.

EssilorLuxottica Company Profile

EssilorLuxottica Société anonyme designs, manufactures, and distributes ophthalmic lenses, frames, and sunglasses in Europe, the Middle East, Africa, Latin America, the Asia-Pacific, and North America. It operates through Professional Solutions and Direct to Consumer segments. The company offers lens under the Essilor, Varilux, Crizal, Eyezen, Stellest, Xperio, Transitions, Ray-Ban, Oakley, Barberini, KODAK Lens, Nikon, Shamir, eyexpert, iWear, Humanware, and Optifog brands.