Bernstein Keeps Their Buy Rating on Pernod Ricard (0HAT)
In a report released today, Trevor Stirling from Bernstein maintained a Buy rating on Pernod Ricard, with a price target of €119.00.
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According to TipRanks, Stirling is an analyst with an average return of -2.0% and a 45.28% success rate. Stirling covers the Consumer Defensive sector, focusing on stocks such as Diageo, Heineken NV, and Pernod Ricard.
In addition to Bernstein, Pernod Ricard also received a Buy from TipRanks – OpenAI’s OpenAI Consumer Defensive GB in a report issued today. However, on the same day, Deutsche Bank upgraded Pernod Ricard (LSE: 0HAT) to a Hold.
Based on Pernod Ricard’s latest earnings release for the quarter ending December 31, the company reported a quarterly revenue of €5.25 billion and a net profit of €975 million. In comparison, last year the company earned a revenue of €6.18 billion and had a net profit of €1.19 billion
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- Pernod Ricard weighs potential buyout of Brown-Forman, Bloomberg says
- Pernod held initial buyout talks with Brown-Forman, Bloomberg says
- Pernod exploring acquisition of Brown-Forman, Bloomberg reports
- Pernod Ricard announces targeted updates to U.S. distributor network
- Pernod Ricard price target lowered to EUR 78 from EUR 80 at Morgan Stanley
