Pernod Ricard SA (EPA: RI)‘s stock had its “market perform” rating reiterated by analysts at Sanford C. Bernstein in a research report issued to clients and investors on Tuesday, ARN reports. They currently have a €106.00 ($137.66) target price on the stock.
Other equities research analysts have also recently issued reports about the stock. Analysts at Espirito Santo Investment Bank Research reiterated a “buy” rating on shares of Pernod Ricard SA in a research note to investors on Monday. They now have a €108.00 ($140.26) price target on the stock. Separately, analysts at Nomura reiterated a “neutral” rating on shares of Pernod Ricard SA in a research note to investors on Tuesday, May 28th. They now have a €104.00 ($135.06) price target on the stock.
Four equities research analysts have rated the stock with a sell rating, six have given a hold rating and eight have assigned a buy rating to the company. The company has a consensus rating of “Hold” and a consensus price target of €97.65 ($126.82).
Shares of Pernod Ricard SA (EPA: RI) traded down 0.54% during mid-day trading on Tuesday, hitting €92.10. Pernod Ricard SA has a one year low of €75.68 and a one year high of €101.15. The stock’s 50-day moving average is currently €87.65. The company has a market cap of €24.282 billion and a P/E ratio of 20.69.
Pernod Ricard SA is a France-based producer and distributor of spirits and wines. The Company is active in eight principal beverage sectors: whiskies, aniseed spirits, liqueurs, cognacs and brandies, white spirits and rums, bitters, champagnes and wines.
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