Market Rating: L’Oreal (PK:LRLCY) Is a Stock RBC Capital Markets Is Confident In; Firm Upgrades It

November 29, 2016 - By Richard Conner

Market Rating:  L'Oreal (PK:LRLCY) Is a Stock RBC Capital Markets Is Confident In; Firm Upgrades It

L’Oreal (PK:LRLCY) Upgrade

Equity analysts at RBC Capital Markets’s equities research division increased L’Oreal (PK:LRLCY)‘s stock from a Underperform to Sector Perform on 29 November.

L’Oreal SA (ADR) (OTCMKTS:LRLCY) Ratings Coverage

Out of 9 analysts covering L’Oreal (PK:LRLCY), 3 rate it a “Buy”, 1 “Sell”, while 5 “Hold”. This means 33% are positive. L’Oreal has been the topic of 10 analyst reports since September 24, 2015 according to StockzIntelligence Inc. The firm has “Hold” rating given on Friday, September 9 by Berenberg. On Tuesday, February 9 the stock rating was upgraded by Natixis to “Buy”. On Friday, October 30 the stock rating was downgraded by Raymond James to “Mkt Perform”. The stock has “Underperform” rating given by RBC Capital Markets on Tuesday, January 12. Credit Suisse upgraded the shares of LRLCY in a report on Wednesday, January 13 to “Outperform” rating. Stifel Nicolaus upgraded the shares of LRLCY in a report on Friday, November 4 to “Buy” rating. The rating was upgraded by Morgan Stanley to “Equal-Weight” on Wednesday, November 11. The stock has “Hold” rating given by HSBC on Wednesday, October 21. The stock of L’Oreal SA (ADR) (OTCMKTS:LRLCY) earned “Buy” rating by Societe Generale on Thursday, September 24. The stock of L’Oreal SA (ADR) (OTCMKTS:LRLCY) has “Hold” rating given on Tuesday, November 3 by Societe Generale.

The stock increased 1.15% or $0.39 on November 29, hitting $34.21. About 137,410 shares traded hands or 147.62% up from the average. L’Oreal SA (ADR) (PK:LRLCY) has declined 6.55% since April 26, 2016 and is downtrending. It has underperformed by 11.81% the S&P500.

L’Oreal SA is a France-based holding company. The company has a market cap of $94.66 billion. The Company, through its subsidiaries, develops the business activities of the L’Oreal Group in the country or region in which they are located. It currently has negative earnings. The Group creates and develops cosmetic products.

According to Zacks Investment Research, “At L’Oréal, they have made cosmetics the focus of all their energy and know-how for nearly a century. They are fully committed to putting their expertise and research resources to work for the well-being of men and women, in all their diversity, around the world.”

LRLCY Company Profile

L’Oreal SA is a France cosmetics firm that has activities worldwide. It markets 23 global cosmetic brands under five product ranges, including Consumer Products, comprising products intended for skin care, hair care, hair coloring, make-up and styling products, sold under such brands as L’Oreal Paris, Garnier and Maybelline New York; Professional Products, including hair care products for use by professional hairdressers, marketed under Kerastase, Redken, Matrix and other brands; Luxury Products, comprising international brand cosmetics, such as Lancome, Ralph Lauren and Cacharel, distributed through selected retail channels; Active Cosmetics, which consists of products under Inneov, Vichy and other brands, for sale mainly in pharmacies, and The Body Shop, focused on cosmetics on the basis of natural ingredients. In addition, the Company has developed a line of dermatologic treatments, Galderma. It operates a number of subsidiaries worldwide.

More notable recent L’Oreal SA (ADR) (OTCMKTS:LRLCY) news were published by: Seekingalpha.com which released: “Should L’Oreal Worry About Estee Lauder?” on April 17, 2015, also Seekingalpha.com with their article: “Nestlé Is One Stock You Should Own Forever” published on March 25, 2016, Bidnessetc.com published: “Nano-Cosmetics: Harmonizing Science And Beauty” on June 30, 2014. More interesting news about L’Oreal SA (ADR) (OTCMKTS:LRLCY) were released by: Seekingalpha.com and their article: “L’Oréal: A Beauty Queen With Over 3 Decades Of Dividend Growth” published on November 25, 2015 as well as Fool.com‘s news article titled: “Innovation Will Drive L’Oreal Forward” with publication date: December 03, 2013.

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