Pernod Ricard SA Stock Rating Reaffirmed by Espirito Santo Investment Bank Research (RI)

Espirito Santo Investment Bank Research restated their buy rating on shares of Pernod Ricard SA (EPA: RI) in a research note issued to investors on Monday, AnalystRatingsNetwork.com reports. The firm currently has a €108.00 ($140.26) price target on the stock.

RI has been the subject of a number of other recent research reports. 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. Separately, analysts at RBC Capital reiterated an outperform rating on shares of Pernod Ricard SA in a research note to investors on Monday, May 20th. They now have a €122.00 ($158.44) price target on the stock. Finally, analysts at AlphaValue reiterated a reduce rating on shares of Pernod Ricard SA in a research note to investors on Thursday, May 16th. They now have a €95.90 ($124.55) price target on the stock.

Four investment analysts have rated the stock with a sell rating, six have given a hold rating and eight have given a buy rating to the company. The company presently has an average rating of Hold and a consensus price target of €97.65 ($126.82).

Shares of Pernod Ricard SA (EPA: RI) traded down 1.69% during mid-day trading on Monday, hitting €90.54. Pernod Ricard SA has a 52 week low of €75.68 and a 52 week high of €101.15. The stock’s 50-day moving average is currently €87.65. The company has a market cap of €23.871 billion and a P/E ratio of 20.58.

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.