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[BUSINESS] · France · 2 sources

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L'Oreal receives neutral ratings from JPMorgan and Bernstein Research

Financial institutions have maintained neutral outlooks for L'Oreal. JPMorgan kept its rating for the cosmetics giant at ‘Neutral’ with a price target of 375 euros. Following discussions with CFO Christophe Babule, the bank noted management's confidence regarding the favorable market environment in the beauty sector and the ongoing implementation of company strategy.

Similarly, Bernstein Research maintained a ‘Market-Perform’ rating for L'Oreal with a price target of 405 euros. In a sector study, analysts highlighted that success for major brands depends on investment, innovation, agility, and consumer relevance, concluding that L'Oreal remains a neutral stock within the consumer goods sector.

Entities

Bernstein Research · Christophe Babule · JPMorgan · L'Oréal

Sources

JPMORGAN stuft LOREAL auf 'Neutral' [www.finanznachrichten.de]
3 days ago