L’Oreal SA (LRLCY) Given Consensus Recommendation of “Hold” by Brokerages

Shares of L’Oreal SA (OTCMKTS:LRLCY) have earned an average rating of “Hold” from the six brokerages that are presently covering the firm, Marketbeat reports. One investment analyst has rated the stock with a sell recommendation, three have issued a hold recommendation and two have given a buy recommendation to the company. The average 12-month target price among brokerages that have covered the stock in the last year is $159.00.

Several equities research analysts recently commented on the stock. Zacks Investment Research downgraded shares of L’Oreal SA from a “buy” rating to a “hold” rating in a research report on Wednesday, November 1st. Stifel Nicolaus downgraded shares of L’Oreal SA from a “buy” rating to a “hold” rating in a research report on Thursday, July 20th. UBS AG reiterated a “buy” rating on shares of L’Oreal SA in a research report on Monday, July 17th. Finally, Jefferies Group LLC assumed coverage on shares of L’Oreal SA in a research report on Tuesday, July 25th. They set a “hold” rating on the stock.

Shares of L’Oreal SA (OTCMKTS:LRLCY) opened at $43.56 on Friday. L’Oreal SA has a 1 year low of $33.38 and a 1 year high of $46.78.

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L’Oreal SA Company Profile

L’Oreal SA is a France-based holding company. The Company, through its subsidiaries, develops the business activities of the L’Oreal Group (Group) in the country or region in which they are located. The Company’s non-core activities include insurance, reinsurance and banking. The Company’s Cosmetics Division is organized into four divisions: Professional Products, Consumer Products, L’Oreal Luxe and Active Cosmetics.

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