L’Oréal (OTCMKTS:LRLCY) Rating Increased to Outperform at Royal Bank of Canada

L’Oréal (OTCMKTS:LRLCY) was upgraded by Royal Bank of Canada from a “sector perform” rating to an “outperform” rating in a research report issued to clients and investors on Friday,Briefing.com Automated Import reports.

Separately, Argus upgraded shares of L’Oréal to a “strong-buy” rating in a research note on Thursday, February 13th. Two research analysts have rated the stock with a sell rating, two have assigned a hold rating, one has given a buy rating and one has issued a strong buy rating to the stock. According to data from MarketBeat, the stock currently has an average rating of “Hold”.

L’Oréal Stock Down 0.9 %

OTCMKTS:LRLCY opened at $78.11 on Friday. L’Oréal has a 1-year low of $66.64 and a 1-year high of $99.65. The company has a debt-to-equity ratio of 0.13, a current ratio of 1.01 and a quick ratio of 0.73. The firm has a 50-day moving average of $73.51 and a two-hundred day moving average of $75.40.

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.