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LRLCY

L'Oreal

$0.00

(0.00%)

13:03
11/19/18
11/19
13:03
11/19/18
13:03

L'Oreal appoints Christophe Babule to succeed Christian Mulliez as CFO

L'Oreal announces Christophe Babule is appointed Executive Vice-President, Chief Financial Officer and member of L'Oreal's Executive Committee as of mid-February 2019. He succeeds Christian Mulliez, who after 17 years as Executive Vice-President, Chief Financial Officer, and 36 years in the Group, has expressed his desire to take a step back from his professional activity for personal reasons, the company reported. Christian Mulliez will accompany Christophe Babule in his new role until he leaves L'Oreal end-April 2019, and will handover his operational responsibilities to Christophe Babule after the annual financial analysts meeting in February 2019.

LRLCY L'Oreal
$0.00

(0.00%)

07/06/18
DBAB
07/06/18
DOWNGRADE
DBAB
Hold
L'Oreal downgraded to Hold from Buy at Deutsche Bank
Deutsche Bank analyst Eva Quiroga downgraded L'Oreal to Hold while raising her price target for the shares to EUR 220 from EUR 205. The stock has been the sector's best performer since the start of 2018, Quiroga tells investors in a research note. Following the outperformance, the analyst sees "limited incremental upside at best" from current share levels.
07/06/18
07/06/18
DOWNGRADE

On The Fly: Top five analyst downgrades
Catch up on today's top five analyst downgrades with this list compiled by The Fly: 1. Arbutus Biopharma (ABUS) downgraded to Neutral from Buy at B. Riley FBR with analyst Madhu Kumar citing valuation following the stock's recent rally. 2. Gannett (GCI) downgraded to Underweight from Neutral at JPMorgan with analyst Alexia Quadrani saying she expects ongoing secular concerns in the print marketplace to bring further volatility. 3. L'Oreal (LRLCY) downgraded to Hold from Buy at Deutsche Bank with analyst Eva Quiroga stating that following the stock's outperformance, she sees "limited incremental upside at best" from current share levels. 4. Carnival (CCL) downgraded to Hold from Buy at Argus with analyst John Staszak saying the company is faced with near-term challenges such as more difficult prior-year comparisons, soft advance bookings, higher fuel costs, and adverse FX rates. 5. Preferred Bank (PFBC) downgraded to Equal Weight from Overweight at Stephens with analyst Tyler Stafford citing valuation, noting that the stock now trades in-line with its peer group. This list is just a portion of The Fly's full analyst coverage. To see The Fly's full Street Research coverage, click here.
07/13/18
GSCO
07/13/18
DOWNGRADE
GSCO
Neutral
L'Oreal downgraded to Neutral from Buy at Goldman Sachs
Goldman Sachs analyst Fulvio Cazzol downgraded L'Oreal to Neutral from Buy and kept his price target at EUR 206. The analyst notes the rating change is driven by the stock's recent outperformance, with valuation reaching a level that "more fairly reflects the company's top-line growth profile", operating margin improvements, and cash deployment optionality.
08/09/18
BREN
08/09/18
DOWNGRADE
BREN
Sell
L'Oreal downgraded to Sell from Hold at Berenberg
Berenberg analyst Rosie Edwards downgraded L'Oreal to Sell saying the shares at current levels look expensive. The analyst raised her price target for the stock to EUR 183 from EUR 181.

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