L’Oréal (OTCMKTS:LRLCY) Stock Rating Lowered by JPMorgan Chase & Co.

L’Oréal (OTCMKTS:LRLCY) was downgraded by JPMorgan Chase & Co. from a “neutral” rating to an “underweight” rating in a report released on Wednesday, Briefing.com reports.

Other equities research analysts have also issued research reports about the stock. Jefferies Financial Group raised shares of L’Oréal from an “underperform” rating to a “hold” rating in a research note on Wednesday, August 14th. Royal Bank of Canada raised L’Oréal from an “underperform” rating to a “sector perform” rating in a research report on Wednesday, July 3rd. Finally, BNP Paribas lowered L’Oréal from a “neutral” rating to an “underperform” rating in a research report on Tuesday, September 10th. Two investment analysts have rated the stock with a sell rating, two have assigned a hold rating and two have given a buy rating to the stock. According to MarketBeat, the company has an average rating of “Hold”.

L’Oréal Trading Down 5.0 %

Shares of L’Oréal stock opened at $81.15 on Wednesday. The business has a 50 day moving average of $85.28 and a 200 day moving average of $89.87. L’Oréal has a 52 week low of $77.11 and a 52 week high of $100.28. The company has a debt-to-equity ratio of 0.13, a quick ratio of 0.73 and a current ratio of 1.01.

L’Oréal Company Profile

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.