UBS has lowered its target for L'Oréal to 409 euros, maintaining a 'Neutral' rating. As the world's leading cosmetics group, L'Oréal's sales are primarily driven by skin care (39.9%), make-up (19.7%), and hair care (15.4%), with a diverse brand portfolio across consumer, luxury, active, and professional products. Geographically, net sales are distributed with Europe at 31.6%, North America at 27%, and North Asia at 25.9%, among others.
