L’Oreal’s (LRLCY) Buy Rating Reaffirmed at J P Morgan Chase & Co

J P Morgan Chase & Co reaffirmed their buy rating on shares of L’Oreal (OTCMKTS:LRLCY) in a research report report published on Monday.

Several other research firms have also recently commented on LRLCY. Zacks Investment Research cut shares of L’Oreal from a hold rating to a sell rating in a research note on Wednesday, November 8th. Goldman Sachs Group raised shares of L’Oreal from a neutral rating to a buy rating in a research note on Monday, December 11th. One analyst has rated the stock with a sell rating, two have assigned a hold rating and three have issued a buy rating to the company’s stock. L’Oreal currently has a consensus rating of Hold and a consensus price target of $49.00.

Shares of L’Oreal (OTCMKTS:LRLCY) opened at $44.84 on Monday. L’Oreal has a 12 month low of $34.83 and a 12 month high of $46.78.

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About L’Oreal

L’Oreal SA is a France-based holding company. The Company, through its subsidiaries, develops the business activities of the L’Oreal Group (Group) in the country or region in which they are located. The Company’s non-core activities include insurance, reinsurance and banking. The Company’s Cosmetics Division is organized into four divisions: Professional Products, Consumer Products, L’Oreal Luxe and Active Cosmetics.

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