J.P. Morgan Sticks to Their Hold Rating for L’Oreal (0NZM)
J.P. Morgan analyst Celine Pannuti CFA maintained a Hold rating on L’Oreal yesterday. The company’s shares closed last Monday at €366.95.
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Pannuti CFA covers the Consumer Defensive sector, focusing on stocks such as Nestlé SA, Unilever, and DANONE SA. According to TipRanks, Pannuti CFA has an average return of -2.4% and a 40.04% success rate on recommended stocks.
In addition to J.P. Morgan, L’Oreal also received a Hold from Bernstein’s Callum Elliott in a report issued yesterday. However, on December 16, Deutsche Bank maintained a Sell rating on L’Oreal (LSE: 0NZM).
0NZM market cap is currently €194.5B and has a P/E ratio of 31.88.
Read More on GB:0NZM:
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- L’Oreal raises stake in Galderma to 20%
- Cautious Outlook for L’Oreal Amid Competitive Pressures and Valuation Concerns
- Cautious Outlook on L’Oreal: Concerns Over Luxe Division’s Growth and Strategy Shift
- L’Oreal upgraded to Buy from Neutral at Rothschild & Co Redburn
- Citi places ‘upside 90-day catalyst watch’ on L’Oreal
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