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L'Oréal (OTCMKTS:LRLCY) Lowered to "Hold" Rating by Berenberg Bank

L'Oréal logo with Consumer Staples background
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L'Oréal (OTCMKTS:LRLCY - Get Free Report) was downgraded by equities researchers at Berenberg Bank from a "buy" rating to a "hold" rating in a report released on Tuesday, MarketBeat Ratings reports.

A number of other research analysts have also weighed in on the company. Royal Bank of Canada upgraded L'Oréal from a "sector perform" rating to an "outperform" rating in a report on Friday, March 21st. Argus raised shares of L'Oréal to a "strong-buy" rating in a research note on Thursday, February 13th. Two analysts have rated the stock with a sell rating, three have given a hold rating, one has given a buy rating and one has issued a strong buy rating to the company. Based on data from MarketBeat.com, the company presently has an average rating of "Hold".

View Our Latest Stock Analysis on LRLCY

L'Oréal Stock Performance

OTCMKTS LRLCY traded up $0.63 on Tuesday, hitting $74.45. 420,165 shares of the company's stock traded hands, compared to its average volume of 242,828. L'Oréal has a 1-year low of $66.64 and a 1-year high of $99.65. The company has a debt-to-equity ratio of 0.13, a quick ratio of 0.73 and a current ratio of 1.01. The firm's 50-day moving average price is $74.28 and its two-hundred day moving average price is $74.87.

L'Oréal Company Profile

(Get Free Report)

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.

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Analyst Recommendations for L'Oréal (OTCMKTS:LRLCY)

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