L’Oréal (OTCMKTS:LRLCY) Rating Lowered to Underweight at JPMorgan Chase & Co.

L’Oréal (OTCMKTS:LRLCY) was downgraded by research analysts at JPMorgan Chase & Co. from a “neutral” rating to an “underweight” rating in a report issued on Wednesday, Marketbeat Ratings reports.

Other research analysts have also recently issued reports about the company. Royal Bank of Canada raised L’Oréal from an “underperform” rating to a “sector perform” rating in a research report on Wednesday, July 3rd. BNP Paribas cut L’Oréal from a “neutral” rating to an “underperform” rating in a research report on Tuesday, September 10th. Finally, Jefferies Financial Group raised L’Oréal from an “underperform” rating to a “hold” rating in a research report on Wednesday, August 14th. Two equities research analysts have rated the stock with a sell rating, two have issued a hold rating and two have issued a buy rating to the stock. According to data from MarketBeat, the company has a consensus rating of “Hold”.

L’Oréal Stock Up 0.1 %

OTCMKTS:LRLCY opened at $80.13 on Wednesday. The stock has a 50-day simple moving average of $85.11 and a 200-day simple moving average of $89.74. L’Oréal has a 1 year low of $77.11 and a 1 year high of $100.28. The company has a quick ratio of 0.73, a current ratio of 1.01 and a debt-to-equity ratio of 0.13.

About L’Oréal

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.