L'Oreal (OTCMKTS:LRLCY) has been upgraded from Underperform to Sector Perform in a report by RBC Capital today.
- Updated: November 28, 2016
Having a price of $33.82, L'Oreal (OTCMKTS:LRLCY) traded -1.46% lower on the day. With the last stock price close down -9.00% from the two hundred day moving average, compared to the S&P 500 which has decreased -0.03% over the same time period. The company has recorded a 50-day moving average of $35.52 and a 200-day moving average of $37.17. 0 shares of LRLCY traded hands, down from an average trading volume of 61,512
RBC Capital has upgraded L'Oreal (OTCMKTS:LRLCY) from Underperform to Sector Perform in a report released on Tuesday November 29, 2016.
L'Oreal has a one year low of $31.08 and a one year high of $39.51 with a price-earnings ratio of 31.21 The company’s market cap is currently $0.
In addition to RBC Capital reporting its stock price target, a total of 1 brokerage has issued a ratings update on LRLCY. The one year target is $36.50 with zero analysts rating the stock a strong buy, 0 firms rating the stock a buy, 1 equity analyst rating the company a hold, zero equity analysts rating the company a underperform, and lastly 0 brokers rating the stock a sell.
Brief Synopsis On L'Oreal (OTCMKTS:LRLCY)
L'Oreal SA is a France-based holding company. The Company, through its subsidiaries, develops the business activities of the L'Oreal Group (Group) in the country or region in which they are located. The Group creates and develops cosmetic products. The Company's segments are Professional Products, Consumer Products, L'Oreal Luxe and Active Cosmetics. The Professional Products division includes products used and sold in hair salons and beauty institutes. The Consumer Products division includes products sold in mass-market retail channels. L'Oreal Luxe division's products are sold in various retail outlets, such as department stores, perfumeries, travel retail, the Company's boutiques and online sites. The Active Cosmetics division includes dermocosmetics products sold through various health channels, such as pharmacies, parapharmacies, drugstores and medispas. The Active Cosmetics division offers brands, including Vichy and SkinCeuticals. It operates through IT Cosmetics LLC.
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