DZ Bank Lowers L’Oréal (OTCMKTS:LRLCY) to Hold

DZ Bank downgraded shares of L’Oréal (OTCMKTS:LRLCY) from a buy rating to a hold rating in a report issued on Thursday, Marketbeat reports.

Several other research firms have also recently weighed in on LRLCY. BNP Paribas cut L’Oréal from a “neutral” rating to an “underperform” rating in a report on Tuesday, September 10th. JPMorgan Chase & Co. cut shares of L’Oréal from a “neutral” rating to an “underweight” rating in a report on Wednesday, October 16th. Jefferies Financial Group raised shares of L’Oréal from an “underperform” rating to a “hold” rating in a research report on Wednesday, August 14th. Finally, Royal Bank of Canada raised shares of L’Oréal from an “underperform” rating to a “sector perform” rating in a research report on Wednesday, July 3rd. Two analysts have rated the stock with a sell rating, three have assigned a hold rating and two have given a buy rating to the stock. Based on data from MarketBeat, the stock presently has an average rating of “Hold”.

L’Oréal Stock Down 1.2 %

L’Oréal stock opened at $76.52 on Thursday. The business has a 50-day moving average of $84.41 and a 200-day moving average of $89.17. The company has a debt-to-equity ratio of 0.13, a quick ratio of 0.73 and a current ratio of 1.01. L’Oréal has a 1 year low of $75.28 and a 1 year high of $100.28.

L’Oréal 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.