April 15, 2014 / 8:20 AM / in 4 years

BUZZ-L'Oreal: S.Europe helps to cover the blemishes

L‘Oreal is reaping the benefits of better consumer spending in Southern Europe as sales in peripheral countries rise for the first time in six years.

** Stock hits 6 week high, CEO sees sales growth returning next quarter.

** Analyst recommendations skewed in favour of buys but earnings estimates revised lower. link.reuters.com/xam58v

** Market share loss in the U.S. a concern & stock rates poorly on StarMine’s Value-Momentum model with 97% of its regional peers ranking higher.

** Stock was 10th most-heavily borrowed stock among the top 35 French stocks heading into the numbers, according to Markit.

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