Royal Bank of Canada Upgrades L’Oréal (OTCMKTS:LRLCY) to Sector Perform

L’Oréal (OTCMKTS:LRLCY) was upgraded by Royal Bank of Canada from an “underperform” rating to a “sector perform” rating in a research note issued to investors on Wednesday, Marketbeat.com reports.

L’Oréal Price Performance

Shares of LRLCY opened at $87.46 on Wednesday. The business’s 50 day moving average is $95.47 and its two-hundred day moving average is $95.25. L’Oréal has a 52-week low of $77.11 and a 52-week high of $100.28. The company has a quick ratio of 0.79, a current ratio of 1.10 and a debt-to-equity ratio of 0.16.

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.