L'Oreal has been given a 'Neutral' rating by UBS, with a target price of 409 euros, based on the first quarter results of Coty.
Coty's recent announcements indicate both strengths and challenges for L'Oreal in the fragrance and mass make-up sectors.
Coty had previously issued a sales warning in October, which provides additional context for the current market dynamics.
L'Oreal will need to carefully consider Coty's mixed performance as it makes strategic decisions in the cosmetics and fragrance markets to stay competitive.