EssilorLuxottica Unsponsored ADR (OTCMKTS:ESLOY) Given Consensus Rating of “Buy” by Analysts

Shares of EssilorLuxottica Unsponsored ADR (OTCMKTS:ESLOY) have been assigned a consensus rating of “Buy” from the nine research firms that are currently covering the firm, Marketbeat.com reports. Two research analysts have rated the stock with a hold recommendation, five have assigned a buy recommendation and two have issued a strong buy recommendation on the company.

A number of analysts have commented on ESLOY shares. Kepler Capital Markets raised shares of EssilorLuxottica from a “hold” rating to a “buy” rating in a research note on Thursday, January 15th. Deutsche Bank Aktiengesellschaft initiated coverage on shares of EssilorLuxottica in a research report on Tuesday. They issued a “hold” rating for the company. Finally, HSBC raised shares of EssilorLuxottica from a “hold” rating to a “buy” rating in a research report on Wednesday, January 14th.

EssilorLuxottica Stock Performance

EssilorLuxottica stock opened at $98.70 on Tuesday. EssilorLuxottica has a 52 week low of $97.87 and a 52 week high of $186.81. The company has a debt-to-equity ratio of 0.17, a current ratio of 0.99 and a quick ratio of 0.70. The company’s 50-day moving average price is $115.33 and its two-hundred day moving average price is $147.56.

About EssilorLuxottica

EssilorLuxottica SE is a global ophthalmic optics company formed through the 2018 merger of France-based Essilor and Italy-based Luxottica. Headquartered near Paris, the company combines lens manufacturing, frame design and production, brand management and retail operations to provide a vertically integrated offering across the vision care value chain. Its activities span product research and development, manufacturing, wholesale distribution and retailing of spectacles, sunglasses and ophthalmic lenses.

The company’s product portfolio includes prescription and non-prescription lenses, lens coatings and treatments, and an array of eyewear brands and frames.