L'Oréal has been given a "Neutral" rating by UBS, with a target price of 440 euros.
Concerns have been raised about the cosmetics sector, particularly in light of Coty's sales outlook for the first quarter falling short of expectations.
Coty's recent performance suggests a slowdown in growth, especially in the US market, during the latter part of the last financial quarter. This raises questions about the overall health of the cosmetics market and its potential impact on competitors like L'Oréal.