Rémy Cointreau SA (OTCMKTS:REMYY) – Equities research analysts at Jefferies Financial Group boosted their FY2022 earnings per share estimates for Rémy Cointreau in a research report issued on Thursday, November 26th. Jefferies Financial Group analyst E. Mundy now anticipates that the company will post earnings of $0.38 per share for the year, up from their prior forecast of $0.36. Jefferies Financial Group also issued estimates for Rémy Cointreau’s FY2023 earnings at $0.45 EPS.
Several other brokerages have also weighed in on REMYY. Barclays raised their price objective on shares of Rémy Cointreau from €161.00 ($189.41) to €163.00 ($191.76) in a report on Friday. Berenberg Bank reissued a “hold” rating on shares of Rémy Cointreau in a report on Thursday, October 22nd. Societe Generale reissued a “sell” rating on shares of Rémy Cointreau in a report on Wednesday, October 21st. Morgan Stanley raised shares of Rémy Cointreau from an “underweight” rating to an “in-line” rating in a report on Friday. Finally, UBS Group reaffirmed a “neutral” rating on shares of Rémy Cointreau in a report on Monday, November 23rd. Five analysts have rated the stock with a sell rating, seven have assigned a hold rating and one has issued a buy rating to the company’s stock. The stock currently has a consensus rating of “Hold” and a consensus price target of $90.50.
Rémy Cointreau Company Profile
RÃ©my Cointreau SA, together with its subsidiaries, produces and distributes liqueurs and spirits. The company operates through RÃ©my Martin, Liqueurs & Spirits, and Partner Brands segments. It offers liqueurs and spirits primarily under the Cointreau, Metaxa, St-RÃ©my, Mount Gay, Bruichladdich, Port Charlotte, Octomore, The Botanist, Westland, LOUIS XIII, and Domaine des Hautes Glaces brands.
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