Paris, Jan 24, 2026, 21:48 CET — Market closed.
- Barclays upgraded L’Oreal to overweight and lifted its target price to 435 euros.
- L’Oreal shares last closed at 386.25 euros, down 0.26%, alongside a softer CAC 40.
- Investors’ next focus is L’Oreal’s 2025 annual results due after the market closes on Feb. 12.
L’Oreal (OREP.PA) will head into next week’s Paris session with a fresh broker upgrade in the background, after Barclays flipped its stance on the cosmetics group and raised its target price. The stock last closed on Friday at 386.25 euros, down 0.26%, while the CAC 40 eased 0.07%.
The timing matters. L’Oreal’s annual results are close enough now that buy- and sell-side desks are leaning harder on any read-throughs for demand and pricing, especially in the United States and China.
L’Oreal is a heavyweight in European consumer stocks and in the CAC 40. When investors move their view on “how fast beauty is growing,” the share price can follow, even on thin new information.
Barclays raised its target price on L’Oreal to 435 euros from 325 euros and upgraded the stock to overweight from underweight, dpa-AFX reported on Friday. It said the call followed a new framework for European consumer and food names, and named Unilever and L’Oreal as preferred picks.
Barclays told clients it expects L’Oreal to grow “1.3 to 1.4 times faster than the market average,” with innovation spending stepping up under the company’s “Beauty Stimulus” plan, MarketScreener reported. The bank also pointed to tentative signs of improvement in the U.S. and China and said the cosmetics market could rebound to about 4% to 4.5% growth in 2026. MarketScreener
In broker jargon, an “overweight” rating signals the analyst expects the stock to outperform peers or the sector, while “underweight” flags the opposite.
L’Oreal shares are up about 5.4% so far in 2026, data on MarketScreener showed.
But there is a harder edge to the thesis. Barclays flagged the steady rise of indie beauty brands as a competitive threat that is not expected to fade, and it noted “remaining uncertainties” even as it turned more positive on the setup for 2026. Investing.com
The next hard catalyst is close. L’Oreal is scheduled to publish its 2025 annual results after the market closes on Feb. 12, followed by a financial information meeting on Feb. 13, according to the company’s calendar.
