Deutsche Bank Sticks to Their Sell Rating for L’Oreal (0NZM)
In a report released today, Tom Sykes from Deutsche Bank maintained a Sell rating on L’Oreal (0NZM – Research Report), with a price target of €275.00. The company’s shares closed yesterday at €356.25.
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According to TipRanks, Sykes is ranked #3991 out of 9414 analysts.
In addition to Deutsche Bank , L’Oreal also received a Sell from J.P. Morgan’s Celine Pannuti CFA in a report issued on March 19. However, on March 28, Citi maintained a Hold rating on L’Oreal (LSE: 0NZM).
Based on L’Oreal’s latest earnings release for the quarter ending December 31, the company reported a quarterly revenue of €21.37 billion and a net profit of €2.75 billion. In comparison, last year the company earned a revenue of €20.61 billion and had a net profit of €2.83 billion
Read More on GB:0NZM:
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- L’Oreal added to European Conviction List at Goldman Sachs
- L’Oreal price target lowered to EUR 377 from EUR 379 at Morgan Stanley
- L’Oreal downgraded to Hold from Buy at Berenberg
- L’Oreal upgraded to Outperform from Sector Perform at RBC Capital
- L’Oreal recalls acne treatment amid cancer-linked chemical, Bloomberg reports
