In a report released today, Callum Elliott from Bernstein maintained a Hold rating on L’Oreal, with a price target of €410.00. The company’s shares closed yesterday at €366.35.
Elevate Your Investing Strategy:
- Take advantage of TipRanks Premium at 55% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.
According to TipRanks, Elliott is a 2-star analyst with an average return of 0.2% and a 47.69% success rate. Elliott covers the Consumer Defensive sector, focusing on stocks such as Nestlé SA, Unilever, and DANONE SA.
In addition to Bernstein, L’Oreal also received a Hold from TR | OpenAI – 4o’s Bram Softner in a report issued on September 17. However, on September 26, Kepler Capital maintained a Buy rating on L’Oreal (LSE: 0NZM).
Based on L’Oreal’s latest earnings release for the quarter ending June 30, the company reported a quarterly revenue of €22.47 billion and a net profit of €3.37 billion. In comparison, last year the company earned a revenue of €22.12 billion and had a net profit of €3.66 billion
Read More on GB:0NZM:
Disclaimer & DisclosureReport an Issue
- L’Oreal upgraded to Buy from Hold at DZ Bank
- L’Oreal’s Growth and Valuation Concerns Lead to Sell Rating
- L’Oreal downgraded to Underperform from Hold at Jefferies
- L’Oreal: Balancing Digital Innovation and Competitive Challenges with a Hold Rating
- L’Oreal removed from European Conviction List at Goldman Sachs
/AI%20(artificial%20intelligence)/Image%20of%20server%20racks%20in%20modern%20server%20room%20data%20center%20by%20Sashkin%20via%20Shutterstock.jpg)
/Amazon%20-%20Image%20by%20bluestork%20via%20Shutterstock.jpg)