Shares of L’Oréal SA (OTCMKTS:LRLCY – Get Rating) have earned an average recommendation of “Hold” from the ten brokerages that are currently covering the firm, Marketbeat.com reports. One equities research analyst has rated the stock with a sell rating, three have issued a hold rating and three have issued a buy rating on the company. The average 12 month price objective among brokers that have covered the stock in the last year is $381.00.

A number of equities analysts recently weighed in on the stock. JPMorgan Chase & Co. lowered their price target on shares of L’Oréal from €435.00 ($443.88) to €400.00 ($408.16) and set an “overweight” rating on the stock in a research report on Monday, June 27th. Berenberg Bank boosted their price target on shares of L’Oréal from €333.00 ($339.80) to €347.00 ($354.08) and gave the stock a “hold” rating in a research report on Tuesday, August 2nd. Deutsche Bank Aktiengesellschaft boosted their price target on shares of L’Oréal from €385.00 ($392.86) to €400.00 ($408.16) and gave the stock a “buy” rating in a research report on Tuesday, August 9th. Finally, Stifel Nicolaus lowered their price target on shares of L’Oréal from €415.00 ($423.47) to €405.00 ($413.27) and set a “buy” rating on the stock in a research report on Tuesday, July 12th.

L’Oréal Price Performance

LRLCY stock opened at $68.25 on Wednesday. The firm has a 50-day simple moving average of $71.14 and a 200-day simple moving average of $72.84. L’Oréal has a 52 week low of $62.39 and a 52 week high of $97.48.

About L’Oréal

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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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