L’Oreal (EPA:OR) received a €215.00 ($250.00) price target from investment analysts at UBS Group in a research note issued on Wednesday, www.boersen-zeitung.de reports. The brokerage presently has a “buy” rating on the stock. UBS Group’s price target indicates a potential upside of 19.41% from the company’s current price.
A number of other research firms have also recently commented on OR. Morgan Stanley set a €195.00 ($226.74) price target on L’Oreal and gave the stock a “neutral” rating in a report on Friday, July 27th. Kepler Capital Markets set a €205.00 ($238.37) price target on L’Oreal and gave the stock a “neutral” rating in a report on Wednesday. Goldman Sachs Group set a €203.00 ($236.05) price target on L’Oreal and gave the stock a “neutral” rating in a report on Thursday, September 6th. Berenberg Bank set a €183.00 ($212.79) target price on L’Oreal and gave the company a “sell” rating in a report on Thursday, August 9th. Finally, JPMorgan Chase & Co. set a €215.00 ($250.00) target price on L’Oreal and gave the company a “buy” rating in a report on Friday, July 27th. Two investment analysts have rated the stock with a sell rating, nine have assigned a hold rating and three have issued a buy rating to the stock. The stock presently has an average rating of “Hold” and an average price target of €201.00 ($233.72).
Shares of OR stock traded up €0.30 ($0.35) during trading hours on Wednesday, reaching €180.05 ($209.36). 1,300,000 shares of the company traded hands, compared to its average volume of 686,017. L’Oreal has a 12-month low of €170.30 ($198.02) and a 12-month high of €197.15 ($229.24).
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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