Brokerages Set L’Oreal SA (OTCMKTS:LRLCY) Target Price at $100.00

Shares of L’Oreal SA (OTCMKTS:LRLCY) have received a consensus rating of “Moderate Buy” from the thirteen ratings firms that are covering the firm, Marketbeat reports. One equities research analyst has rated the stock with a sell rating, four have issued a hold rating, seven have assigned a buy rating and one has given a strong buy rating to the company. The average 12 month price target among brokerages that have issued a report on the stock in the last year is $100.00.

A number of research analysts have issued reports on LRLCY shares. Deutsche Bank Aktiengesellschaft cut L’Oreal from a “hold” rating to a “sell” rating in a research report on Monday, June 22nd. Argus set a $100.00 price target on shares of L’Oreal in a research note on Tuesday, August 18th. Citigroup raised shares of L’Oreal from a “neutral” rating to a “buy” rating in a report on Thursday, June 25th. Jefferies Financial Group raised shares of L’Oreal from an “underperform” rating to a “hold” rating in a research note on Wednesday, August 5th. Finally, BNP Paribas Exane upgraded shares of L’Oreal from an “underperform” rating to a “neutral” rating in a research report on Tuesday, May 5th.

L’Oreal Trading Up 0.9%

Shares of LRLCY opened at $90.15 on Friday. The company has a current ratio of 1.44, a quick ratio of 1.15 and a debt-to-equity ratio of 0.23. L’Oreal has a 52-week low of $78.82 and a 52-week high of $95.48. The business’s fifty day moving average is $87.93 and its 200-day moving average is $86.68.

About L’Oreal

L’Oréal SA is a global beauty and personal care company, founded in 1909 by Eugène Schueller and headquartered in Clichy, France. The company develops, manufactures and markets a broad range of consumer and professional products across cosmetics, skin care, hair care, hair color, and fragrances. L’Oréal serves customers around the world through a combination of direct retail, salons, pharmacies, department stores and e-commerce, operating in numerous countries across Europe, the Americas, Asia-Pacific, Africa and the Middle East.

Operations are organized around several business divisions that target distinct channels and consumer segments, including Consumer Products, L’Oréal Luxe, Professional Products and Active Cosmetics.