EssilorLuxottica (OTCMKTS:ESLOY) Raised to “Hold” at Zacks Research

EssilorLuxottica (OTCMKTS:ESLOY) was upgraded by equities researchers at Zacks Research from a “strong sell” rating to a “hold” rating in a research report issued on Wednesday,Zacks.com reports.

Separately, Barclays initiated coverage on shares of EssilorLuxottica in a report on Tuesday. They set an “overweight” rating for the company. One analyst has rated the stock with a Buy rating and two have assigned a Hold rating to the stock. According to data from MarketBeat.com, EssilorLuxottica has a consensus rating of “Hold”.

EssilorLuxottica Price Performance

OTCMKTS ESLOY opened at $156.30 on Wednesday. The business has a fifty day moving average price of $149.48 and a two-hundred day moving average price of $144.75. The company has a debt-to-equity ratio of 0.17, a quick ratio of 0.65 and a current ratio of 0.95. EssilorLuxottica has a fifty-two week low of $112.95 and a fifty-two week high of $160.70.

About EssilorLuxottica

EssilorLuxottica Société anonyme designs, manufactures, and distributes ophthalmic lenses, frames, and sunglasses in Europe, the Middle East, Africa, Latin America, the Asia-Pacific, and North America. It operates through Professional Solutions and Direct to Consumer segments. The company offers lens under the Essilor, Varilux, Crizal, Eyezen, Stellest, Xperio, Transitions, Ray-Ban, Oakley, Barberini, KODAK Lens, Nikon, Shamir, eyexpert, iWear, Humanware, and Optifog brands.