Bryan, Garnier & Co publishes a new Research Report on L'Oréal
BUY, FV EUR150 vs. 125
Growth momentum set to accelerate
In 2013, L’Oréal should benefit from an acceleration of its sales growth
momentum (+6%) and profitability expansion (+50bps). We reiterate our BUY
recommendation with a 150EUR Fair Value vs 125EUR previously.
Full report available to subscribers
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