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 (EPA: RI) traded up 0.09% on Thursday, hitting €89.52. Pernod Ricard SA has a 1-year low of €77.86 and a 1-year high of €101.15. The stock’s 50-day moving average is currently €87.65. The company has a market cap of €23.602 billion and a price-to-earnings ratio of 19.98.
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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