L OREAL CO/ADR (OTCMKTS:LRLCY) Downgraded to Hold at ValuEngine

ValuEngine cut shares of L OREAL CO/ADR (OTCMKTS:LRLCY) from a buy rating to a hold rating in a report issued on Thursday morning, ValuEngine reports.

Several other research firms also recently commented on LRLCY. Zacks Investment Research upgraded shares of L OREAL CO/ADR from a hold rating to a buy rating and set a $64.00 price target for the company in a research note on Friday, July 12th. HSBC initiated coverage on shares of L OREAL CO/ADR in a research note on Friday, June 28th. They issued a hold rating for the company. One equities research analyst has rated the stock with a sell rating, three have issued a hold rating and two have assigned a buy rating to the stock. The company currently has a consensus rating of Hold and an average price target of $64.00.

Shares of OTCMKTS:LRLCY traded down $0.56 during trading on Thursday, hitting $53.03. The company’s stock had a trading volume of 74,951 shares, compared to its average volume of 66,694. The firm’s 50 day simple moving average is $56.28. The stock has a market cap of $152.09 billion, a P/E ratio of 31.75, a PEG ratio of 5.28 and a beta of 0.55. L OREAL CO/ADR has a fifty-two week low of $42.01 and a fifty-two week high of $58.18.

About L OREAL CO/ADR

L'Oréal SA, through its subsidiaries, manufactures and sells cosmetic products for women and men worldwide. It operates through four divisions: Consumer Products, L'oréal Luxe, Professional Products, and Active Cosmetics. It offers shampoos, hair care products, shower gels, skin care products, cleansers, hair colors, styling products, deodorants, sun care products, make-up, perfumes, etc.

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