L OREAL CO/ADR (LRLCY) Downgraded by Zacks Investment Research to “Sell”

Zacks Investment Research cut shares of L OREAL CO/ADR (OTCMKTS:LRLCY) from a hold rating to a sell rating in a report issued on Tuesday morning, Zacks.com reports.

According to Zacks, “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 has been the topic of several other reports. Argus initiated coverage on L OREAL CO/ADR in a research report on Thursday, March 14th. They issued a buy rating on the stock. Societe Generale cut L OREAL CO/ADR from a buy rating to a hold rating in a research report on Thursday, February 14th. Two research analysts have rated the stock with a sell rating, three have given a hold rating and three have issued a buy rating to the stock. The company has an average rating of Hold and an average price target of $51.00.

Shares of L OREAL CO/ADR stock opened at $54.85 on Tuesday. The company has a market cap of $151.72 billion, a PE ratio of 32.84, a P/E/G ratio of 5.47 and a beta of 0.52. L OREAL CO/ADR has a twelve month low of $42.01 and a twelve month high of $55.10.

The firm also recently announced an annual dividend, which will be paid on Tuesday, May 28th. Investors of record on Thursday, April 25th will be given a $0.811 dividend. This represents a yield of 1.52%. The ex-dividend date is Wednesday, April 24th. L OREAL CO/ADR’s dividend payout ratio is currently 40.12%.

L OREAL CO/ADR Company Profile

L'Oréal SA, through its subsidiaries, manufactures and sells cosmetic products for women and men worldwide. It operates through four divisions: Consumer Products, L'oréal Luxe, Professional Products, and Active Cosmetics. It offers shampoos, hair care products, shower gels, skin care products, cleansers, hair colors, styling products, deodorants, sun care products, make-up, perfumes, etc.

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Analyst Recommendations for L OREAL CO/ADR (OTCMKTS:LRLCY)

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