Today’s Rating Alert: Does L’Oreal (OTCMKTS:LRLCY) Look Good? RBC Capital Mkts Upgrades It

November 29, 2016 - By Winifred Garcia

Today's Rating Alert:  Does L'Oreal (OTCMKTS:LRLCY) Look Good? RBC Capital Mkts Upgrades It

L’Oreal (OTCMKTS:LRLCY) Upgrade

L’Oreal (OTCMKTS:LRLCY) was raised by RBC Capital Mkts from a “Underperform” rating to a “Sector Perform” rating in a an analyst note shared with investors and clients on Tuesday, 29 November.

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

Out of 8 analysts covering L’Oreal (OTCMKTS:LRLCY), 2 rate it a “Buy”, 1 “Sell”, while 5 “Hold”. This means 25% are positive. L’Oreal has been the topic of 9 analyst reports since September 24, 2015 according to StockzIntelligence Inc. The rating was upgraded by Morgan Stanley on Wednesday, November 11 to “Equal-Weight”. The rating was downgraded by HSBC to “Hold” on Wednesday, October 21. The firm has “Buy” rating given on Friday, November 4 by Stifel Nicolaus. The rating was downgraded by Societe Generale to “Hold” on Tuesday, November 3. The firm has “Underperform” rating by RBC Capital Markets given on Tuesday, January 12. Raymond James downgraded the shares of LRLCY in a report on Friday, October 30 to “Mkt Perform” rating. Credit Suisse upgraded L’Oreal SA (ADR) (OTCMKTS:LRLCY) on Wednesday, January 13 to “Outperform” rating. Berenberg initiated the stock with “Hold” rating in Friday, September 9 report. Societe Generale upgraded the shares of LRLCY in a report on Thursday, September 24 to “Buy” rating.

The stock decreased 1.46% or $0.5 during the last trading session, hitting $33.82. About 152,492 shares traded hands or 191.70% up from the average. L’Oreal SA (ADR) (OTCMKTS: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 $96.06 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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