Pernod Ricard SA (OTCMKTS:PDRDY) Receives Average Rating of “Moderate Buy” from Analysts

Pernod Ricard SA (OTCMKTS:PDRDY – Get Rating) has received a consensus rating of “Moderate Buy” from the seven analysts that are presently covering the company, Marketbeat.com reports. Two equities research analysts have rated the stock with a hold recommendation and five have issued a buy recommendation on the company. The average 12 month target price among analysts that have updated their coverage on the stock in the last year is $206.75.

A number of analysts have recently issued reports on the stock. Deutsche Bank Aktiengesellschaft lowered their price objective on shares of Pernod Ricard from €198.00 ($212.90) to €191.00 ($205.38) and set a “hold” rating on the stock in a report on Wednesday, January 4th. Credit Suisse Group upgraded shares of Pernod Ricard from a “neutral” rating to an “outperform” rating in a report on Thursday, December 15th. Finally, Barclays lowered their price objective on shares of Pernod Ricard from €265.00 ($284.95) to €264.00 ($283.87) and set an “overweight” rating on the stock in a report on Thursday, January 5th.

Pernod Ricard Price Performance

Shares of PDRDY opened at $47.12 on Friday. Pernod Ricard has a twelve month low of $34.68 and a twelve month high of $47.39. The firm’s 50 day moving average price is $47.12 and its two-hundred day moving average price is $47.12.

About Pernod Ricard

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Pernod Ricard SA engages in the manufacture of wines, spirits, and non-alcoholic beverages. The firm offers products under the brands Absolut Vodka, Chivas Regal, Ballantine’s, Beefeater, Jameson, Kahlúa, Malibu, Ricard, Havana Club, Martell, Cognac, The Glenlivet, G.H. Mumm, Perrier-Jouët, Royal Salute, Brancott Estate, Graffigna, Campo Viejo, Jacob’s Creek, Kenwood, Pastis 51, 100 Pipers, ArArAt, Becherovka, Blenders Pride, Clan Campbell, Imperial, Seagram’s Imperial Blue, Olmeca, Passport Scotch, Amaro Ramazzotti, Ruavieja, Royal Stag, Seagram’s Gin, Something Special, Suze, Wiser’s, and Wyborowa.