L’Oreal (0NZM) Receives a Buy from RBC Capital
In a report released today, Wassachon Udomsilpa from RBC Capital maintained a Buy rating on L’Oreal, with a price target of €430.00.
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According to TipRanks, Udomsilpa is a 4-star analyst with an average return of 15.3% and a 47.96% success rate.
In addition to RBC Capital, L’Oreal also received a Buy from Barclays’s Warren Ackerman in a report issued today. However, on February 13, Evercore ISI maintained a Hold 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:
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- L’Oreal Downgraded to Sell on Slowing Growth Momentum and Weaker Outlook
- L’Oreal reports FY25 sales EUR 44.05B, up 1.3% y/y, up 4% like-for-like
- L’Oreal proposes dividend increase to EUR 7.20/share, up 2.9%
- L’Oreal price target lowered to EUR 367 from EUR 372 at Morgan Stanley
- L’Oréal: Near-Term Strength Masks Slowing Growth and Valuation De-Rating Risk
