BNP Paribas Downgrades L’Oréal (OTCMKTS:LRLCY) to Underperform

L’Oréal (OTCMKTS:LRLCY) was downgraded by research analysts at BNP Paribas from a “neutral” rating to an “underperform” rating in a research note issued on Tuesday, Briefing.com reports.

LRLCY has been the subject of a number of other reports. 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. Jefferies Financial Group upgraded L’Oréal from an “underperform” rating to a “hold” rating in a research report on Wednesday, August 14th. Two equities research analysts have rated the stock with a sell rating, two have issued a hold rating and two have issued a buy rating to the company’s stock. Based on data from MarketBeat, L’Oréal currently has an average rating of “Hold”.

L’Oréal Stock Performance

Shares of OTCMKTS:LRLCY traded up $0.08 on Tuesday, reaching $84.67. The company’s stock had a trading volume of 118,047 shares, compared to its average volume of 116,963. The company has a 50-day simple moving average of $86.35 and a 200 day simple moving average of $91.98. The company has a debt-to-equity ratio of 0.16, a quick ratio of 0.79 and a current ratio of 1.10. L’Oréal has a 52-week low of $77.11 and a 52-week high of $100.28.

L’Oréal Company Profile

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.