L'Oréal: UBS reiterates its opinion on the stock

(CercleFinance.com) - UBS confirms its recommendation of neutral on the stock, with an unchanged target price of E367, following the announcement of its results.


'Several uncertainties and outstanding items remain, which prevent us from being more constructive on the stock at this stage', says UBS.

The Group posted sales of 43.48 billion euros at December 31, 2024, up +5.6% on a reported basis. On a like-for-like basis, i.e. at identical structure and exchange rates, sales were up +5.1%.

Net income, Group share, excluding non-recurring items amounted to 6,786 million euros. Earnings per share, at 12.66 euros, were up +4.8%.

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