L’Oréal (OTCMKTS:LRLCY) Stock Rating Lowered by BNP Paribas

L’Oréal (OTCMKTS:LRLCY) was downgraded by equities researchers at BNP Paribas from a “neutral” rating to an “underperform” rating in a research report issued to clients and investors on Tuesday, MarketBeat reports.

Other research analysts also recently issued research reports about the company. Jefferies Financial Group raised L’Oréal from an “underperform” rating to a “hold” rating in a research note on Wednesday, August 14th. Royal Bank of Canada upgraded shares of L’Oréal from an “underperform” rating to a “sector perform” rating in a research report on Wednesday, July 3rd. Two research analysts have rated the stock with a sell rating, two have assigned a hold rating and two have assigned a buy rating to the company’s stock. According to data from MarketBeat.com, the company has an average rating of “Hold”.

L’Oréal Price Performance

Shares of OTCMKTS LRLCY opened at $81.68 on Tuesday. The business has a fifty day moving average price of $86.14 and a two-hundred day moving average price of $91.80. The company has a quick ratio of 0.79, a current ratio of 1.10 and a debt-to-equity ratio of 0.16. L’Oréal has a fifty-two week low of $77.11 and a fifty-two week high of $100.28.

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.