Sanford C. Bernstein upgraded shares of PERNOD RICARD S/ADR (OTCMKTS:PDRDY) from a market perform rating to an outperform rating in a research note published on Wednesday, The Fly reports.
PDRDY has been the topic of a number of other reports. Royal Bank of Canada restated a sector perform rating on shares of PERNOD RICARD S/ADR in a research note on Friday, April 24th. UBS Group upgraded shares of PERNOD RICARD S/ADR to a neutral rating in a research note on Friday, July 24th. HSBC initiated coverage on shares of PERNOD RICARD S/ADR in a research note on Wednesday, July 8th. They set a hold rating on the stock. Credit Suisse Group reiterated an outperform rating on shares of PERNOD RICARD S/ADR in a research note on Friday, April 24th. Finally, Societe Generale reiterated a hold rating on shares of PERNOD RICARD S/ADR in a research note on Thursday, June 4th. Eight research analysts have rated the stock with a hold rating, four have issued a buy rating and one has given a strong buy rating to the company’s stock. PERNOD RICARD S/ADR currently has an average rating of Hold and an average target price of $37.00.
OTCMKTS PDRDY opened at $34.34 on Wednesday. The firm has a market cap of $45.57 billion, a PE ratio of 24.53 and a beta of 0.55. PERNOD RICARD S/ADR has a one year low of $25.02 and a one year high of $39.02. The firm’s fifty day moving average is $32.32 and its two-hundred day moving average is $31.93.
Pernod Ricard SA produces and sells beers, wines, and spirits in the Americas, Europe, Asia, and internationally. Its principal brands include Absolut, Ballantine's, Beefeater, Chivas Regal, Kahlúa, Malibu, Martell, and Brancott Estate. The company was founded in 1805 and is headquartered in Paris, France.
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