L’Oréal (OTCMKTS:LRLCY) Downgraded to “Underweight” at JPMorgan Chase & Co.

JPMorgan Chase & Co. lowered shares of L’Oréal (OTCMKTS:LRLCY) from a neutral rating to an underweight rating in a research note released on Wednesday morning, MarketBeat reports.

A number of other equities analysts have also issued reports on LRLCY. Jefferies Financial Group raised L’Oréal from an “underperform” rating to a “hold” rating in a report on Wednesday, August 14th. Royal Bank of Canada upgraded 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 report on Tuesday, September 10th. Two analysts have rated the stock with a sell rating, two have issued a hold rating and two have assigned a buy rating to the company’s stock. According to MarketBeat.com, the company presently has a consensus rating of “Hold”.

L’Oréal Stock Up 1.1 %

L’Oréal stock opened at $81.02 on Wednesday. The company has a debt-to-equity ratio of 0.13, a current ratio of 1.01 and a quick ratio of 0.73. The firm has a 50-day moving average price of $85.06 and a two-hundred day moving average price of $89.62. L’Oréal has a 52-week low of $77.11 and a 52-week high of $100.28.

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.