L'Oreal SA (LRLCY) Receives Consensus Rating of “Buy” from Analysts

Shares of L'Oreal SA (OTCMKTS:LRLCY) have received an average rating of “Buy” from the six brokerages that are presently covering the stock, MarketBeat Ratings reports. Three equities research analysts have rated the stock with a hold recommendation and three have issued a buy recommendation on the company.

LRLCY has been the subject of several recent analyst reports. Zacks Investment Research lowered L'Oreal from a “hold” rating to a “sell” rating in a report on Wednesday, November 8th. Goldman Sachs Group raised L'Oreal from a “neutral” rating to a “buy” rating in a report on Monday, December 11th. Finally, JPMorgan Chase & Co. reissued a “buy” rating on shares of L'Oreal in a report on Monday, December 18th.

L'Oreal (LRLCY) traded down $1.30 during mid-day trading on Friday, hitting $43.26. The stock had a trading volume of 72,601 shares, compared to its average volume of 86,718. L'Oreal has a 52 week low of $36.78 and a 52 week high of $46.78.

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About L'Oreal

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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