Pernod Ricard (OTCMKTS:PDRDY)‘s stock had its “neutral” rating restated by equities research analysts at UBS Group in a research note issued on Tuesday, The Fly reports.
Several other research analysts have also issued reports on PDRDY. Morgan Stanley raised Pernod Ricard from an “equal weight” rating to an “overweight” rating in a research report on Friday, November 27th. Zacks Investment Research raised Pernod Ricard from a “hold” rating to a “buy” rating and set a $43.00 target price on the stock in a research report on Thursday, January 7th. Deutsche Bank Aktiengesellschaft raised Pernod Ricard from a “hold” rating to a “buy” rating in a research report on Tuesday, December 1st. Royal Bank of Canada reissued a “sector perform” rating on shares of Pernod Ricard in a report on Friday, October 23rd. Finally, Barclays reissued an “overweight” rating on shares of Pernod Ricard in a report on Monday, January 4th. Seven analysts have rated the stock with a hold rating and eight have given a buy rating to the company’s stock. The company currently has a consensus rating of “Buy” and a consensus target price of $43.00.
Shares of OTCMKTS:PDRDY opened at $38.47 on Tuesday. The business’s 50-day moving average is $38.40 and its 200 day moving average is $34.90. Pernod Ricard has a 1 year low of $25.02 and a 1 year high of $39.52. The firm has a market capitalization of $51.05 billion, a P/E ratio of 32.06 and a beta of 0.50. The company has a debt-to-equity ratio of 0.65, a current ratio of 2.08 and a quick ratio of 0.73.
Pernod Ricard SA produces and sells wines and spirits worldwide. Its brands include Absolut Vodka, Ricard pastis, Ballantine's, Chivas Regal, Royal Salute, The Glenlivet Scotch whiskies, Jameson Irish whiskey, Martell cognac, Havana Club rum, Beefeater gin, Malibu liqueur, Mumm, and Perrier-JouÃ«t champagnes, as well Jacob's Creek, Brancott Estate, Campo Viejo, and Kenwood wines.
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