L’Oreal SA (OTCMKTS:LRLCY) Short Interest Update

L’Oreal SA (OTCMKTS:LRLCY – Get Free Report) was the recipient of a large growth in short interest in the month of August. As of August 14th, there was short interest totaling 84,915 shares, a growth of 80.8% from the July 30th total of 46,966 shares. Based on an average trading volume of 199,733 shares, the short-interest ratio is presently 0.4 days. Approximately 0.0% of the shares of the company are short sold.

Wall Street Analyst Weigh In

LRLCY has been the subject of several research reports. Deutsche Bank Aktiengesellschaft downgraded L’Oreal from a “hold” rating to a “sell” rating in a research note on Monday, June 22nd. BNP Paribas Exane raised shares of L’Oreal from an “underperform” rating to a “neutral” rating in a report on Tuesday, May 5th. Argus set a $100.00 target price on shares of L’Oreal in a research note on Tuesday, August 18th. Citigroup upgraded L’Oreal from a “neutral” rating to a “buy” rating in a research report on Thursday, June 25th. Finally, Berenberg Bank upgraded shares of L’Oreal from a “hold” rating to a “buy” rating in a report on Thursday, May 28th. One investment analyst has rated the stock with a Strong Buy rating, seven have assigned a Buy rating, four have assigned a Hold rating and one has issued a Sell rating to the company. According to MarketBeat.com, L’Oreal presently has an average rating of “Moderate Buy” and a consensus price target of $100.00.

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L’Oreal Stock Performance

OTCMKTS LRLCY opened at $88.28 on Tuesday. L’Oreal has a fifty-two week low of $78.82 and a fifty-two week high of $95.48. The stock has a 50 day simple moving average of $87.99 and a two-hundred day simple moving average of $86.62. The company has a current ratio of 1.44, a quick ratio of 1.15 and a debt-to-equity ratio of 0.23.

About L’Oreal

(Get Free Report)

L’Oréal SA is a global beauty and personal care company, founded in 1909 by Eugène Schueller and headquartered in Clichy, France. The company develops, manufactures and markets a broad range of consumer and professional products across cosmetics, skin care, hair care, hair color, and fragrances. L’Oréal serves customers around the world through a combination of direct retail, salons, pharmacies, department stores and e-commerce, operating in numerous countries across Europe, the Americas, Asia-Pacific, Africa and the Middle East.

Operations are organized around several business divisions that target distinct channels and consumer segments, including Consumer Products, L’Oréal Luxe, Professional Products and Active Cosmetics.

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