UBS Reaffirms Their Buy Rating on L’Oreal (0NZM)
In a report released today, Guillaume Delmas from UBS maintained a Buy rating on L’Oreal, with a price target of €430.00.
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Delmas covers the Consumer Defensive sector, focusing on stocks such as L’Oreal, Unilever, and DANONE SA. According to TipRanks, Delmas has an average return of 1.7% and a 52.14% success rate on recommended stocks.
In addition to UBS, L’Oreal also received a Buy from Barclays’s Warren Ackerman in a report issued on January 23. However, on February 3, Morgan Stanley maintained a Hold rating on L’Oreal (LSE: 0NZM).
0NZM market cap is currently €212.7B and has a P/E ratio of 33.72.
Read More on GB:0NZM:
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- 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
- L’Oreal upgraded to Overweight from Underweight at Barclays
- L’Oreal upgraded to Hold from Sell at Deutsche Bank
- L’Oreal upgraded to Buy from Neutral at UBS
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