EssilorLuxottica Unsponsored ADR (ESLOY) – What Are Researchers Thinking About This Stock?

EssilorLuxottica Unsponsored ADR (OTCMKTS:ESLOY) has received an average recommendation of “Moderate Buy” from the eight brokerages that are currently covering the stock, MarketBeat reports. One equities research analyst has rated the stock with a sell recommendation, three have assigned a hold recommendation, two have issued a buy recommendation and two have issued a strong buy recommendation on the company.

Several research firms have commented on ESLOY. Zacks Research upgraded shares of EssilorLuxottica from a “strong sell” rating to a “hold” rating in a research report on Tuesday, August 18th. Royal Bank Of Canada reaffirmed an “outperform” rating on shares of EssilorLuxottica in a report on Tuesday, September 22nd. Kepler Capital Markets cut EssilorLuxottica from a “strong-buy” rating to a “strong sell” rating in a report on Thursday, September 17th. Finally, The Goldman Sachs Group downgraded EssilorLuxottica from a “buy” rating to a “hold” rating in a research report on Tuesday, July 14th.

EssilorLuxottica Stock Up 0.1%

ESLOY stock opened at $82.07 on Friday. EssilorLuxottica has a fifty-two week low of $79.27 and a fifty-two week high of $186.81. The firm’s 50-day simple moving average is $88.15 and its 200 day simple moving average is $97.96.

About EssilorLuxottica

EssilorLuxottica is a global company focused on the design, manufacture and distribution of ophthalmic lenses, prescription eyewear and sunglasses. Its activities span the optical value chain, including lens technologies, frames, retail, wholesale distribution and related vision-care services.

The company’s portfolio includes proprietary and licensed eyewear brands such as Ray-Ban, Oakley, Persol, Oliver Peoples and Vogue Eyewear, as well as lens brands including Varilux, Crizal and Transitions.