Loreal, FR0000120321

L'Oreal stock gains as France's market crown shifts

Published on 09/18/2026 at 14:10 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

L'Oreal stock was worth around EUR 203 billion on September 18, 2026. Reuters said the French beauty group had overtaken LVMH as France's most valuable listed company.

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L'Oreal stock (ISIN FR0000120321) traded around EUR 376.95 at 12:14 on September 18, 2026, after a move of minus 0.83 percent. The stock's market value stood at around EUR 203 billion, while Reuters said the French beauty group had become France's most valuable listed company.

Market crown shifts

Reuters reported on September 18, 2026, that L'Oreal had taken the top spot in France's stock market, a sign of how much investor demand still favors the beauty group. Saxo put L'Oreal's value at around EUR 203 billion versus roughly EUR 201 billion for LVMH on the same day.

Fresh figures to watch

In its first-half 2026 update, L'Oreal confirmed organic revenue growth of 7.4 percent and an adjusted EBIT margin of 18.8 percent. The company also kept its 2026 guidance at the upper end of 5.5 percent to 7.5 percent for revenue growth and around 17 percent for adjusted recurring operating income margin, according to a release carried by Bastillepost on September 18, 2026.

That combination matters for investors because 7.4 percent organic growth sits above the 5.5 percent to 7.5 percent guidance range midpoint, while an 18.8 percent adjusted EBIT margin leaves the group with clear operating leverage in the first half of 2026.

Rating pressure

According to Bolsamania on September 18, 2026, Jefferies & Co kept L'Oreal at Underperform and a EUR 326.00 target price on April 9, 2026. The gap to the reported trading level of EUR 376.95 shows how cautious that call remains.

Stock level

At EUR 376.95 on September 18, 2026, L'Oreal stock was trading below the reported market value narrative but above Jefferies' EUR 326.00 target. The price change of minus 0.83 percent leaves the shares close enough to the valuation debate to stay in focus.