Pernod Ricard SA (EPA: RI)‘s stock had its “reduce” rating restated by equities research analysts at AlphaValue in a research note issued to investors on Thursday, AnalystRatings.Net reports. They currently have a €94.10 ($122.21) price objective on the stock.
A number of other analysts have also recently weighed in on RI. Analysts at Canaccord Genuity reiterated a “sell” rating on shares of Pernod Ricard SA in a research note to investors on Thursday. They now have a €78.00 ($101.30) price target on the stock. Finally, analysts at Sanford C. Bernstein reiterated a “market perform” rating on shares of Pernod Ricard SA in a research note to investors on Tuesday, June 4th. They now have a €106.00 ($137.66) price target on the stock.
Four research analysts have rated the stock with a sell rating, six have issued a hold rating and eight have given a buy rating to the company. The stock has a consensus rating of “Hold” and an average price target of €97.95 ($127.21).
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.
