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Shares of L’Oréal SA (OTCMKTS:LRLCY – Get Rating) have received an average rating of “Hold” from the ten ratings firms that are covering the firm, MarketBeat reports. One analyst has rated the stock with a sell rating, three have given a hold rating and two have assigned a buy rating to the company. The average 1-year target price among brokerages that have covered the stock in the last year is $383.22.
Several research firms recently commented on LRLCY. Royal Bank of Canada upped their price target on shares of L’Oréal from €260.00 ($268.04) to €282.00 ($290.72) and gave the company a “sector perform” rating in a research note on Thursday , April 21st. Berenberg Bank upped their price target on shares of L’Oréal from €333.00 ($343.30) to €347.00 ($357.73) and gave the company a “hold” rating in a research note on Tuesday. Stifel Nicolaus decreased their price target on shares of L’Oréal from €415.00 ($427.84) to €405.00 ($417.53) and set a “buy” rating on the stock in a research note on Tuesday, July 12th. Barclays upped their price objective on shares of L’Oréal from €410.00 ($422.68) to €421.00 ($434.02) in a research report on Thursday, April 21st. Finally, JPMorgan Chase & Co. cut their price objective on shares of L’Oréal from €435.00 ($448.45) to €400.00 ($412.37) and set an “overweight” rating for the company in a research report on Monday, June 27th.
L’Oréal Stock Performance
LRLCY stock opened at $73.07 on Friday. The company’s 50-day simple moving average is $69.46 and its 200 day simple moving average is $74.33. L’Oréal has a 52 week low of $62.39 and a 52 week high of $97.48.
L’Oréal Company Profile
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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 Active Cosmetics. It offers shampoos, hair care products, shower gels, skin care products, cleansers, hair colors, styling products, deodorants, sun care products, make-up, perfumes, etc.
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