Sanford C. Bernstein upgraded shares of PERNOD RICARD S/ADR (OTCMKTS:PDRDY) from a market perform rating to an outperform rating in a research note released on Wednesday morning, The Fly reports.
A number of other research analysts also recently commented on PDRDY. HSBC initiated coverage on shares of PERNOD RICARD S/ADR in a research note on Wednesday, July 8th. They set a hold rating on the stock. Royal Bank of Canada reiterated a sector perform rating on shares of PERNOD RICARD S/ADR in a research note on Friday, April 24th. Barclays reiterated an equal weight rating on shares of PERNOD RICARD S/ADR in a research note on Friday, April 24th. UBS Group upgraded shares of PERNOD RICARD S/ADR to a neutral rating in a research note on Friday, July 24th. Finally, Jefferies Financial Group downgraded shares of PERNOD RICARD S/ADR from a buy rating to a hold rating in a research note on Friday, April 24th. Eight equities research analysts have rated the stock with a hold rating, four have issued a buy rating and one has given a strong buy rating to the stock. The stock currently has an average rating of Hold and a consensus price target of $37.00.
PDRDY opened at $34.34 on Wednesday. PERNOD RICARD S/ADR has a twelve month low of $25.02 and a twelve month high of $39.02. The firm has a market cap of $45.57 billion, a price-to-earnings ratio of 24.53 and a beta of 0.55. The company has a fifty day simple moving average of $32.32 and a 200 day simple moving average of $31.93.
About PERNOD RICARD S/ADR
Pernod Ricard SA produces and sells beers, wines, and spirits in the Americas, Europe, Asia, and internationally. Its principal brands include Absolut, Ballantine's, Beefeater, Chivas Regal, Kahlúa, Malibu, Martell, and Brancott Estate. The company was founded in 1805 and is headquartered in Paris, France.
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