AllAnalyst Report
logoArgusMay 25, 2023

L'Oréal S.A.: Reiterating BUY and raising price target

Symbols
LRLCY
Sector(s)
Consumer Defensive
Rating
Current Price
$87.63
Price Target
Earnings Estimate
Summary

Headquartered in Clichy, France, L'Oreal manufactures and markets cosmetics and other personal care products. The company has four divisions: Consumer Products, L'Oreal Luxe, Professional Products, and Active Cosmetics. The company was founded in 1909. It owns a more than 9% stake in French drug company Sanofi SA (SNY: BUY). L'Oreal has a market cap of $224 billion.

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Analyst Profile

John D. Staszak, CFA

Securities Analyst: Consumer Discretionary & Consumer Staples
John's specialty at Argus includes the gaming, lodging and restaurant groups within the Consumer Discretionary sector. John earned an MBA from the University of Texas and a BA in Economics from the University of Pennsylvania. In the financial services industry, he has worked as an analyst and consultant for firms including Standard & Poor's, the Bank of New York, Harris Nesbitt Gerard and Merrill Lynch. John is a CFA charterholder. Forbes magazine named John as the second-best stock picker among restaurant analysts in 2006. He was also ranked the second-best analyst covering the restaurant sector by the Wall Street Journal in 2007, a year in which a Financial Times/StarMine survey also ranked John that same way. In 2008, the Journal again listed John as an award winner, with a third-best designation among hotel industry analysts and a fifth-best designation among restaurant analysts.