Pernod Ricard (EPA:RI) has been given a €178.00 ($206.98) price objective by equities researchers at Sanford C. Bernstein in a research report issued to clients and investors on Tuesday, Borsen Zeitung reports. The brokerage currently has a “neutral” rating on the stock. Sanford C. Bernstein’s price target would indicate a potential upside of 5.17% from the stock’s previous close.
Other research analysts have also recently issued research reports about the stock. Jefferies Financial Group set a €160.00 ($186.05) price objective on shares of Pernod Ricard and gave the stock a “neutral” rating in a research report on Thursday, August 29th. JPMorgan Chase & Co. set a €185.00 ($215.12) price objective on Pernod Ricard and gave the stock a “buy” rating in a report on Tuesday, August 27th.
RI opened at €169.25 ($196.80) on Tuesday. The firm’s 50 day moving average is €161.23. Pernod Ricard has a one year low of €107.25 ($124.71) and a one year high of €136.25 ($158.43).
Pernod Ricard Company Profile
Pernod Ricard SA is a France-based company engaged in the manufacture, purchase and sale of all wines, spirits and liqueursl and food products. The Company operates through three segments: America, Europe and Asia/Rest of World (ROW). It is engaged in trading in finished or semi-finished products, by-products and substitutes generated by the main operations carried out in the distilleries or other industrial establishments of the same type.
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