L’Oréal (OTCMKTS:LRLCY) Cut to Hold at Berenberg Bank

Berenberg Bank lowered shares of L’Oréal (OTCMKTS:LRLCY) from a buy rating to a hold rating in a research report report published on Tuesday, MarketBeat Ratings reports.

LRLCY has been the topic of several other reports. Argus upgraded shares of L’Oréal to a “strong-buy” rating in a research report on Thursday, February 13th. Royal Bank of Canada upgraded L’Oréal from a “sector perform” rating to an “outperform” rating in a research report on Friday, March 21st. Two analysts have rated the stock with a sell rating, three have issued a hold rating, one has issued a buy rating and one has given a strong buy rating to the stock. According to MarketBeat, L’Oréal currently has an average rating of “Hold”.

L’Oréal Stock Performance

L’Oréal stock opened at $75.11 on Tuesday. L’Oréal has a 52-week low of $66.64 and a 52-week high of $99.65. The company has a quick ratio of 0.73, a current ratio of 1.01 and a debt-to-equity ratio of 0.13. The firm’s fifty day moving average is $74.01 and its 200 day moving average is $75.02.

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.