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L'Oréal (OTCMKTS:LRLCY) Cut to "Hold" at DZ Bank

L'Oréal logo with Consumer Staples background

DZ Bank downgraded shares of L'Oréal (OTCMKTS:LRLCY - Free Report) from a buy rating to a hold rating in a research report released on Thursday, MarketBeat reports.

A number of other research firms have also weighed in on LRLCY. Royal Bank of Canada raised shares of L'Oréal from an "underperform" rating to a "sector perform" rating in a research note on Wednesday, July 3rd. BNP Paribas lowered shares of L'Oréal from a "neutral" rating to an "underperform" rating in a research note on Tuesday, September 10th. Jefferies Financial Group raised shares of L'Oréal from an "underperform" rating to a "hold" rating in a research note on Wednesday, August 14th. Finally, JPMorgan Chase & Co. lowered shares of L'Oréal from a "neutral" rating to an "underweight" rating in a research note on Wednesday, October 16th. Two research analysts have rated the stock with a sell rating, three have issued a hold rating and two have given a buy rating to the company's stock. According to MarketBeat.com, the company has a consensus rating of "Hold".

Read Our Latest Stock Report on LRLCY

L'Oréal Price Performance

LRLCY stock traded up $0.47 during trading on Thursday, hitting $77.43. The stock had a trading volume of 169,826 shares, compared to its average volume of 137,283. The company has a current ratio of 1.01, a quick ratio of 0.73 and a debt-to-equity ratio of 0.13. L'Oréal has a twelve month low of $75.28 and a twelve month high of $100.28. The company's 50-day moving average price is $84.71 and its two-hundred day moving average price is $89.35.

About L'Oréal

(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.

See Also

Analyst Recommendations for L'Oréal (OTCMKTS:LRLCY)

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