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UBS Reaffirms Their Buy Rating on L’Oreal (0NZM)

Tipranks - Tipranks - Thu Jan 29, 2:40AM CST

UBS analyst Guillaume Delmas maintained a Buy rating on L’Oreal today and set a price target of €430.00.

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According to TipRanks, Delmas is a 3-star analyst with an average return of 1.7% and a 52.14% success rate. Delmas covers the Consumer Defensive sector, focusing on stocks such as L’Oreal, Unilever, and DANONE SA.

In addition to UBS, L’Oreal also received a Buy from Barclays’s Warren Ackerman in a report issued on January 23. However, today, J.P. Morgan maintained a Hold rating on L’Oreal (LSE: 0NZM).

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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

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