HSBC assumed coverage on shares of L OREAL CO/ADR (OTCMKTS:LRLCY) in a research report issued to clients and investors on Friday, June 28th, Briefing.com Automated Import reports. The brokerage set a “hold” rating on the stock.
A number of other brokerages have also recently issued reports on LRLCY. Zacks Investment Research cut CGI from a “buy” rating to a “hold” rating in a research note on Wednesday, June 19th. Argus started coverage on L OREAL CO/ADR in a research note on Thursday, March 14th. They set a “buy” rating on the stock. One analyst has rated the stock with a sell rating, two have given a hold rating and three have assigned a buy rating to the company’s stock. L OREAL CO/ADR presently has a consensus rating of “Hold” and an average price target of $64.00.
OTCMKTS:LRLCY traded down $1.01 during trading hours on Friday, reaching $55.55. 36,641 shares of the stock were exchanged, compared to its average volume of 60,602. L OREAL CO/ADR has a twelve month low of $42.01 and a twelve month high of $58.18. The stock has a market capitalization of $158.29 billion, a PE ratio of 33.26, a PEG ratio of 5.49 and a beta of 0.55. The company’s 50 day simple moving average is $56.21.
L'Oréal SA, through its subsidiaries, manufactures and sells cosmetic products for women and men worldwide. It operates through four divisions: Consumer Products, L'oréal Luxe, Professional Products, and Active Cosmetics. It offers shampoos, hair care products, shower gels, skin care products, cleansers, hair colors, styling products, deodorants, sun care products, make-up, perfumes, etc.
Recommended Story: Institutional Investors
Receive News & Ratings for L OREAL CO/ADR Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for L OREAL CO/ADR and related companies with MarketBeat.com's FREE daily email newsletter.