Davide Campari-Milano (OTCMKTS:DVDCF) Reaches New 12-Month High at $12.48

Davide Campari-Milano (OTCMKTS:DVDCF) shares hit a new 52-week high during trading on Tuesday . The company traded as high as $12.48 and last traded at $12.48, with a volume of 3000 shares changing hands. The stock had previously closed at $11.85.

DVDCF has been the topic of a number of research analyst reports. Berenberg Bank reaffirmed a “buy” rating on shares of Davide Campari-Milano in a research report on Monday, February 22nd. HSBC raised shares of Davide Campari-Milano from a “reduce” rating to a “hold” rating in a research report on Wednesday, March 10th. Zacks Investment Research cut shares of Davide Campari-Milano from a “hold” rating to a “sell” rating in a research report on Wednesday, February 17th. Credit Suisse Group restated an “underperform” rating on shares of Davide Campari-Milano in a report on Thursday, April 8th. Finally, Barclays lowered shares of Davide Campari-Milano from an “equal weight” rating to an “underweight” rating in a report on Wednesday, March 10th. Four analysts have rated the stock with a sell rating, three have given a hold rating and three have issued a buy rating to the company’s stock. The company presently has a consensus rating of “Hold” and an average price target of $12.00.

The stock has a market cap of $14.37 billion, a PE ratio of 48.00 and a beta of 0.86. The company’s 50 day simple moving average is $11.43 and its 200 day simple moving average is $11.33.

About Davide Campari-Milano (OTCMKTS:DVDCF)

Davide Campari-Milano N.V., together with its subsidiaries, markets and distributes alcoholic and non-alcoholic beverages in the Americas, the Middle East, Africa, Europe, and the Asia-Pacific. It offers range of spirits categories, including aperitif, vodka, liqueurs, bitters, whisky, tequila, rum, gin, and cognac, as well as champagne and non-alcoholic aperitif under approximately 50 brands, such as Aperol, Campari, SKYY, Wild Turkey, Grand Marnier, Appleton Estate, Wray & Nephew Overproof, and other brands.

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