L'Oréal : AG : forte confiance sur le retour de la croissance post crise mais très peu d’indication sur le T2
>PE 21e de 35x : reflet la forte confiance sur l’après-crise - Neutre maintenu (OC : 234 €). La performance de 8% du titre en YTD et de 20% sur 3 mois a désormais porté le PE à 35x sur 2021. Ce rerating par rapport aux niveaux de 30x qui étaient atteints il y a 6 mois valorise la confiance constante du management sur l’après crise mais aussi le profil plus défensif par rapport à d’autres grandes valeurs du luxe (LVMH). On observe que l’écart de PE (5 points) entre ces...L'Oreal acts as a holding company. Through its subsidiaries, Co. plays a strategic coordination role and scientific, industrial and marketing coordination role on a global basis. Co. develops, manufactures and commercializes products for Skin care, Hair care, Make-up, Perfumes, Toiletries and deodorants, and Oral cosmetics. Co. has three branches: Cosmetics, Body shop and Dermatology. Co.'s principal activities comprise four divisions: Professional Products, Consumer Products, L'Oreal Luxe and Active Cosmetics. The Body Shop branch offers various cosmetics and toiletry products. The Dermatology branch offers topical dermatology prescription, and corrective and aesthetic dermatology.
Oddo Securities provides securities brokerage and research services. The company offers equity, economic, and derivatives research and credit analysis services. It focuses on insurance, automotive, building materials, pharmaceuticals, telecommunications, information technology, and agri-food industries.
Unfortunately, this report is not available for the investor type or country you selected.
Browse all ResearchPool reportsReport is subscription only.
Thank you, your report is ready.
Thank you, your report is ready.