L’Oréal (OTCMKTS:LRLCY) Stock Rating Lowered by Berenberg Bank

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

A number of other equities research analysts have also commented on the company. Royal Bank of Canada raised L’Oréal from a “sector perform” rating to an “outperform” rating in a research report on Friday. Argus raised shares of L’Oréal to a “strong-buy” rating in a research report on Thursday, February 13th. Two equities research analysts have rated the stock with a sell rating, three have assigned a hold rating, one has issued a buy rating and one has assigned a strong buy rating to the company. Based on data from MarketBeat.com, the stock has a consensus rating of “Hold”.

L’Oréal Stock Performance

Shares of OTCMKTS LRLCY opened at $75.56 on Tuesday. The firm has a 50 day moving average price of $73.85 and a 200 day moving average price of $75.08. The company has a debt-to-equity ratio of 0.13, a quick ratio of 0.73 and a current ratio of 1.01. L’Oréal has a 52-week low of $66.64 and a 52-week high of $99.65.

About L’Oréal

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.