L’Oréal S.A. (OTCMKTS:LRLCY – Get Free Report) was the target of a significant increase in short interest in July. As of July 31st, there was short interest totalling 43,400 shares, an increase of 31.5% from the July 15th total of 33,000 shares. Based on an average daily volume of 346,900 shares, the short-interest ratio is presently 0.1 days.
Analyst Upgrades and Downgrades
Several research analysts have recently weighed in on LRLCY shares. Royal Bank of Canada upgraded shares of L’Oréal from an “underperform” rating to a “sector perform” rating in a research note on Wednesday, July 3rd. Jefferies Financial Group raised shares of L’Oréal from an “underperform” rating to a “hold” rating in a research report on Wednesday. One equities research analyst has rated the stock with a sell rating, two have assigned a hold rating and two have assigned a buy rating to the company’s stock. According to MarketBeat.com, the company has an average rating of “Hold”.
Read Our Latest Stock Report on L’Oréal
L’Oréal Stock Up 0.9 %
About L’Oréal
L'Oréal SA, through its subsidiaries, manufactures and sells cosmetic products for women and men worldwide. The company operates through four divisions: Consumer Products, L'oréal Luxe, Professional Products, and Dermatological Beauty. It offers skincare, make-up, hair colourants, haircare, perfumes, and hygiene products.
Featured Articles
- Five stocks we like better than L’Oréal
- Asset Allocation: The Key to a Successful Portfolio. Are You Paying Attention to Yours?
- Bumble’s Valuation Hits an All-Time Low, Can Its Fortunes Change?
- Dividend Capture Strategy: What You Need to Know
- MarketBeat Week in Review – 8/12 – 8/16
- Retail Stocks Investing, Explained
- JD.com Earnings Surprise: China’s Outlook Better Than Expected
Receive News & Ratings for L'Oréal Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for L'Oréal and related companies with MarketBeat.com's FREE daily email newsletter.