EssilorLuxottica Unsponsored ADR (OTCMKTS:ESLOY) Stock Now Rated “Moderate Buy” by Sell-Side Brokerages

Shares of EssilorLuxottica Unsponsored ADR (OTCMKTS:ESLOY) have earned an average rating of “Moderate Buy” from the eight research firms that are presently covering the firm, MarketBeat Ratings reports. One investment analyst has rated the stock with a sell recommendation, three have given a hold recommendation, two have assigned a buy recommendation and two have issued a strong buy recommendation on the company.

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

EssilorLuxottica Price Performance

OTCMKTS:ESLOY opened at $82.26 on Friday. EssilorLuxottica has a 1-year low of $79.27 and a 1-year high of $186.81. The firm has a fifty day simple moving average of $88.81 and a 200 day simple moving average of $98.39.

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.