Rémy Cointreau SA (OTCMKTS:REMYY) to Post FY2022 Earnings of $0.38 Per Share, Jefferies Financial Group Forecasts

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.

Shares of REMYY stock opened at $17.75 on Monday. The firm has a market cap of $8.96 billion, a P/E ratio of 65.74 and a beta of 0.16. The company has a debt-to-equity ratio of 0.32, a current ratio of 2.20 and a quick ratio of 0.58. Rémy Cointreau has a 1-year low of $9.01 and a 1-year high of $18.91. The firm has a fifty day moving average of $18.16 and a two-hundred day moving average of $15.99.

Rémy Cointreau Company Profile

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

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Earnings History and Estimates for Rémy Cointreau (OTCMKTS:REMYY)

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