L OREAL CO/ADR (OTCMKTS:LRLCY) Downgraded to “Hold” at Zacks Investment Research
According to Zacks, “At L’Oréal, they have made cosmetics the focus of all their energy and know-how for nearly a century. They are fully committed to putting their expertise and research resources to work for the well-being of men and women, in all their diversity, around the world. “
A number of other research firms have also weighed in on LRLCY. Argus increased their target price on L OREAL CO/ADR from $68.00 to $76.00 and gave the stock a buy rating in a research note on Thursday, August 20th. Berenberg Bank reissued a sell rating on shares of L OREAL CO/ADR in a research report on Tuesday, August 4th. JPMorgan Chase & Co. raised L OREAL CO/ADR from a neutral rating to an overweight rating in a research report on Wednesday, June 24th. Royal Bank of Canada reissued a sector perform rating on shares of L OREAL CO/ADR in a research report on Monday, August 3rd. Finally, Credit Suisse Group reissued an underperform rating on shares of L OREAL CO/ADR in a research report on Monday, August 3rd. Four research analysts have rated the stock with a sell rating, five have assigned a hold rating and three have assigned a buy rating to the stock. L OREAL CO/ADR has an average rating of Hold and an average target price of $74.50.
L OREAL CO/ADR Company Profile
L'Oréal SA, through its subsidiaries, manufactures and sells cosmetic products for women and men worldwide. It operates through four divisions: Consumer Products, L'oréal Luxe, Professional Products, and Active Cosmetics. It offers shampoos, hair care products, shower gels, skin care products, cleansers, hair colors, styling products, deodorants, sun care products, make-up, perfumes, etc.
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