Berenberg upgraded L’Oreal to Buy from Hold with a price target of EUR 530, up from EUR 436. The analyst sees the company delivering 6.7% average organic sales growth in 2025 through 2030, the highest in the firm’s household and personal care coverage, and 11.3% average shareholder returns. Furthermore, L’Oreal’s highly cash-generative business model provides significant cash deployment optionality, the analyst tells investors in a research note.
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