L'Oreal Remains Weighed Down by Broader Sentiment on Consumer Staples -- Market Talk
Dow Jones05-28
0908 GMT - L'Oreal is currently at an inflection point, where growth is returning to historic growth levels, but its stock is still weighed down by concerns about the broader consumer staples industry, analysts at Berenberg say in a note. Inflationary pressures from the Middle East conflict will be manageable, even if consumer uncertainty has been exacerbated, the analysts add. "We have not seen any evidence to suggest industry fundamentals have deteriorated," the analysts write. Shares in theFrench beauty group are up 1.1% at 390.25 euros. (aimee.look@wsj.com)
(END) Dow Jones Newswires
May 28, 2026 05:08 ET (09:08 GMT)
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