L OREAL CO/ADR (OTCMKTS:LRLCY) Now Covered by Analysts at Berenberg Bank

Berenberg Bank began coverage on shares of L OREAL CO/ADR (OTCMKTS:LRLCY) in a research note issued to investors on Wednesday, The Fly reports. The brokerage issued a hold rating on the stock.

Several other equities research analysts have also recently commented on LRLCY. Zacks Investment Research raised L OREAL CO/ADR from a hold rating to a buy rating and set a $61.00 target price for the company in a research note on Thursday, October 3rd. HSBC assumed coverage on L OREAL CO/ADR in a research note on Friday, June 28th. They issued a hold rating for the company. Finally, ValuEngine cut L OREAL CO/ADR from a buy rating to a hold rating in a research note on Thursday, August 1st. Four analysts have rated the stock with a hold rating and two have given a buy rating to the company. L OREAL CO/ADR currently has an average rating of Hold and a consensus target price of $61.00.

OTCMKTS LRLCY traded up $0.11 during trading hours on Wednesday, hitting $54.43. 16,589 shares of the company’s stock were exchanged, compared to its average volume of 57,260. The stock has a 50-day simple moving average of $54.47 and a 200 day simple moving average of $54.55. L OREAL CO/ADR has a 1-year low of $42.01 and a 1-year high of $58.18. The firm has a market cap of $150.06 billion, a price-to-earnings ratio of 32.59, a PEG ratio of 5.26 and a beta of 0.55. The company has a current ratio of 1.24, a quick ratio of 0.95 and a debt-to-equity ratio of 0.06.

L OREAL CO/ADR Company Profile

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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