Zacks Investment Research Lowers L OREAL CO/ADR (OTCMKTS:LRLCY) to Sell

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Zacks Investment Research lowered shares of L OREAL CO/ADR (OTCMKTS:LRLCY) from a hold rating to a sell rating in a research note released on Tuesday morning, Zacks.com reports.

According to Zacks, “At L’Oréal, they have made cosmetics the focus of all their energy and know-how for nearly a century. They are fully committed to putting their expertise and research resources to work for the well-being of men and women, in all their diversity, around the world. “

Several other equities research analysts have also commented on the stock. ValuEngine lowered shares of L OREAL CO/ADR from a buy rating to a hold rating in a research report on Thursday, August 1st. HSBC started coverage on shares of L OREAL CO/ADR in a research report on Friday, June 28th. They set a hold rating for the company. One investment analyst has rated the stock with a sell rating, three have assigned a hold rating and one has given a buy rating to the company’s stock. L OREAL CO/ADR presently has an average rating of Hold and an average target price of $64.00.

OTCMKTS LRLCY opened at $52.96 on Tuesday. L OREAL CO/ADR has a 52 week low of $42.01 and a 52 week high of $58.18. The firm has a market capitalization of $148.74 billion, a P/E ratio of 31.71, a PEG ratio of 5.16 and a beta of 0.55. The company has a 50-day moving average price of $54.41 and a 200-day moving average price of $53.72.

About L OREAL CO/ADR

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.

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