Trade Report: The L’Oreal SA (LRLCY) Given Consensus Rating of “Hold” by Brokerages

The L’Oreal SA (LRLCY) Given Consensus Rating of “Hold” by Brokerages

Shares of L’Oreal SA (OTCMKTS:LRLCY) have been assigned an average rating of “Hold” from the thirteen ratings firms that are covering the stock. Two analysts have rated the stock with a sell rating, eight have issued a hold rating and three have given a buy rating to the company.

A number of analysts have recently issued reports on the stock. Zacks Investment Research downgraded shares of L’Oreal SA from a “hold” rating to a “sell” rating in a report on Tuesday, July 26th. Berenberg Bank assumed coverage on shares of L’Oreal SA in a report on Friday, September 9th. They set a “hold” rating for the company. Goldman Sachs Group Inc. reaffirmed a “buy” rating on shares of L’Oreal SA in a report on Tuesday, June 21st. JPMorgan Chase & Co. reaffirmed a “neutral” rating on shares of L’Oreal SA in a report on Wednesday, September 28th. Finally, Sanford C. Bernstein reaffirmed an “underperform” rating on shares of L’Oreal SA in a report on Tuesday, August 30th.

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