L'Oreal SA (NASDAQ:LRLCY) Coverage Initiated by Analysts at Jefferies Group LLC

Research analysts at Jefferies Group LLC started coverage on shares of L'Oreal SA (NASDAQ:LRLCY) in a research report issued to clients and investors on Tuesday, July 25th, Marketbeat Ratings reports. The firm set a “hold” rating on the stock.

Several other equities analysts have also recently commented on LRLCY. Zacks Investment Research cut shares of L'Oreal SA from a “buy” rating to a “hold” rating in a research note on Wednesday, April 12th. Stifel Nicolaus cut shares of L'Oreal SA from a “buy” rating to a “hold” rating in a research note on Thursday, July 20th. Three research analysts have rated the stock with a hold rating and two have issued a buy rating to the stock. The stock presently has an average rating of “Hold” and an average target price of $102.50.

Shares of L'Oreal SA (NASDAQ:LRLCY) traded up 0.15% during trading on Tuesday, hitting $41.23. 37,084 shares of the stock were exchanged. L'Oreal SA has a 12-month low of $33.38 and a 12-month high of $43.95. The stock’s 50 day moving average is $41.59 and its 200-day moving average is $40.11. The stock has a market cap of $115.28 billion and a price-to-earnings ratio of 26.99.

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About L'Oreal SA

L’Oreal SA is a holding company. The Company operates through two operational divisions: Cosmetics Division and Body Shop Division. The Cosmetics Division is organized into four divisions: Professional Products, Consumer Products, L’Oreal Luxe and Active Cosmetics. The Professional Products Division products are used and sold in hair salons and beauty institutes.

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