DAVIDE CAMPARI-/S (OTCMKTS:DVDCY) Upgraded by Zacks Investment Research to Hold

DAVIDE CAMPARI-/S (OTCMKTS:DVDCY) was upgraded by Zacks Investment Research from a “sell” rating to a “hold” rating in a research note issued to investors on Friday, Zacks.com reports.

According to Zacks, “Davide Campari Milano SpA is engaged in the beverage industry, which has spirits, wines and soft drinks segments. It products includes Aperol, Appleton Estate, Campari, SKYY, Wild Turkey and Grand Marnier. Davide Campari Milano SpA headquartered in Milan, Italy. “

Other equities research analysts have also issued research reports about the company. ValuEngine upgraded DAVIDE CAMPARI-/S from a “sell” rating to a “hold” rating in a research note on Wednesday. Sanford C. Bernstein upgraded DAVIDE CAMPARI-/S from an “underperform” rating to a “market perform” rating in a research note on Tuesday, September 10th. Four analysts have rated the stock with a hold rating and one has issued a buy rating to the company. DAVIDE CAMPARI-/S presently has an average rating of “Hold” and a consensus price target of $10.00.

DAVIDE CAMPARI-/S stock opened at $9.03 on Friday. DAVIDE CAMPARI-/S has a 12 month low of $8.21 and a 12 month high of $10.35. The stock’s 50-day moving average is $9.12 and its 200-day moving average is $9.47. The company has a market cap of $10.25 billion, a price-to-earnings ratio of 36.12, a price-to-earnings-growth ratio of 4.48 and a beta of 0.51.

DAVIDE CAMPARI-/S Company Profile

Davide Campari-Milano S.p.A., together with its subsidiaries, manufactures and trades in alcoholic and non-alcoholic beverages in the Americas, Europe, the Middle East, Africa, Europe, and the Asia-Pacific. Its product portfolio includes aperitifs, vodka, whisky, tequila, rum, gin, liqueurs, sparkling and still wines, and ready to drink products under approximately 50 brands.

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