Remy Cointreau (REMYY) Downgraded by Zacks Investment Research

Zacks Investment Research cut shares of Remy Cointreau (OTCMKTS:REMYY) from a buy rating to a hold rating in a research note issued to investors on Wednesday morning.

According to Zacks, “Remy Cointreau SA is an operator of Wine & Spirits market. The company’s portfolio consists of Rémy Martin and Louis XIII cognacs, the Cointreau liqueur as well as the Metaxa, Mount Gay, St-Rémy, Bruichladdich, Port Charlotte, Octomore and The Botanist spirits. Remy Cointreau SA is headquartered in Cognac, France. “

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Separately, Berenberg Bank upgraded shares of Remy Cointreau from a hold rating to a buy rating in a research note on Tuesday, February 27th.

Shares of REMYY opened at $14.70 on Wednesday. The company has a debt-to-equity ratio of 0.30, a current ratio of 2.65 and a quick ratio of 0.57. Remy Cointreau has a 1-year low of $9.71 and a 1-year high of $14.70.

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Remy Cointreau Company Profile

Rémy Cointreau SA, together with its subsidiaries, produces and distributes liqueurs and spirits. It operates through Rémy Martin, Liqueurs & Spirits, and Partner Brands segments. The company produces a range of cognacs under the Rémy Martin and Louis XIII brands. It offers liqueurs and spirits primarily under the Cointreau, Metaxa, Mount Gay, St-Rémy, The Botanist, Bruichladdich, Port Charlotte, Octomore, Westland, and Domaine des Hautes Glaces brands.

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