EssilorLuxottica Unsponsored ADR (OTCMKTS:ESLOY) Stock Now Rated “Moderate Buy” by Wall Street Brokerages

Shares of EssilorLuxottica Unsponsored ADR (OTCMKTS:ESLOY) have been given a consensus recommendation of “Moderate Buy” by the eight brokerages that are presently covering the firm, MarketBeat.com reports. One research analyst has rated the stock with a sell rating, two have given a hold rating, three have given a buy rating and two have given a strong buy rating to the company.

Several research firms recently weighed in on ESLOY. The Goldman Sachs Group lowered EssilorLuxottica from a “buy” rating to a “hold” rating in a report on Tuesday, July 14th. Royal Bank Of Canada restated an “outperform” rating on shares of EssilorLuxottica in a research report on Tuesday, September 22nd. Zacks Research raised shares of EssilorLuxottica from a “strong sell” rating to a “hold” rating in a research note on Tuesday, August 18th. Kepler Capital Markets cut shares of EssilorLuxottica from a “strong-buy” rating to a “strong sell” rating in a research report on Thursday, September 17th. Finally, Citigroup reiterated a “buy” rating on shares of EssilorLuxottica in a research report on Monday, October 19th.

EssilorLuxottica Stock Down 0.5%

OTCMKTS:ESLOY opened at $107.21 on Tuesday. EssilorLuxottica has a 1 year low of $79.27 and a 1 year high of $186.81. The business has a 50 day simple moving average of $89.39 and a 200-day simple moving average of $106.47. The company has a quick ratio of 0.59, a current ratio of 0.89 and a debt-to-equity ratio of 0.17.

About EssilorLuxottica

EssilorLuxottica is a global company that designs, manufactures and distributes eyewear and vision-care products. Its offerings include prescription lenses, eyeglass frames, sunglasses and related optical technologies, serving both consumers and eye-care professionals.

The company’s portfolio includes eyewear brands such as Ray-Ban, Oakley, Persol and Oliver Peoples, as well as lens brands including Varilux, Crizal and Transitions. It also operates retail businesses such as LensCrafters, Sunglass Hut and Pearle Vision.

EssilorLuxottica was formed in 2018 through the combination of France-based lens maker Essilor and Italy-based eyewear company Luxottica.