L’Oréal (OTCMKTS:LRLCY) Cut to “Hold” at Berenberg Bank

L’Oréal (OTCMKTS:LRLCY) was downgraded by analysts at Berenberg Bank from a “buy” rating to a “hold” rating in a research note issued on Tuesday,Briefing.com Automated Import reports.

LRLCY has been the topic of several other research reports. Royal Bank of Canada raised L’Oréal from a “sector perform” rating to an “outperform” rating in a research report on Friday. Argus upgraded shares of L’Oréal to a “strong-buy” rating in a report on Thursday, February 13th. Two analysts have rated the stock with a sell rating, three have issued a hold rating, one has assigned a buy rating and one has given a strong buy rating to the company’s stock. According to MarketBeat, L’Oréal has a consensus rating of “Hold”.

L’Oréal Price Performance

Shares of LRLCY stock opened at $75.56 on Tuesday. The company has a current ratio of 1.01, a quick ratio of 0.73 and a debt-to-equity ratio of 0.13. The firm’s fifty day moving average price is $73.85 and its two-hundred day moving average price is $75.08. L’Oréal has a 1 year low of $66.64 and a 1 year high of $99.65.

L’Oréal Company Profile

L'Oréal SA, through its subsidiaries, manufactures and sells cosmetic products for women and men worldwide. The company operates through four divisions: Consumer Products, L'oréal Luxe, Professional Products, and Dermatological Beauty. It offers skincare, make-up, hair colourants, haircare, perfumes, and hygiene products.