L’Oreal (OTCMKTS:LRLCY) Upgraded to Strong-Buy at Rothschild Redb

L’Oreal (OTCMKTS:LRLCY) was upgraded by research analysts at Rothschild Redb from a “hold” rating to a “strong-buy” rating in a research report issued on Tuesday,Zacks.com reports.

Several other analysts have also recently commented on LRLCY. Erste Group Bank cut shares of L’Oreal from a “strong-buy” rating to a “hold” rating in a research note on Monday, November 10th. JPMorgan Chase & Co. raised L’Oreal from an “underweight” rating to a “neutral” rating in a report on Thursday, July 31st. Rothschild & Co Redburn upgraded L’Oreal from a “neutral” rating to a “buy” rating in a research report on Tuesday. Jefferies Financial Group restated an “underperform” rating on shares of L’Oreal in a report on Tuesday, October 21st. Finally, DZ Bank raised L’Oreal from a “hold” rating to a “strong-buy” rating in a research note on Thursday, September 25th. Three research analysts have rated the stock with a Strong Buy rating, two have assigned a Buy rating, five have issued a Hold rating and two have given a Sell rating to the company’s stock. According to MarketBeat.com, L’Oreal currently has a consensus rating of “Moderate Buy”.

L’Oreal Trading Up 1.5%

LRLCY stock opened at $86.52 on Tuesday. The company has a debt-to-equity ratio of 0.15, a current ratio of 1.19 and a quick ratio of 0.90. The company’s fifty day moving average price is $85.60 and its 200-day moving average price is $87.05. L’Oreal has a one year low of $66.64 and a one year high of $95.10.

About L’Oreal

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.