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Kepler Capital Sticks to Its Buy Rating for Pernod Ricard (0HAT)

Tipranks - Tipranks - Sat Mar 28, 9:52PM CDT

In a report released on March 26, Richard Withagen from Kepler Capital maintained a Buy rating on Pernod Ricard, with a price target of €120.00. The company’s shares closed last Thursday at €59.94.

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According to TipRanks, Withagen is an analyst with an average return of -3.2% and a 39.60% success rate. Withagen covers the Consumer Defensive sector, focusing on stocks such as Pernod Ricard, Royal UNIBREW A/S, and Davide Campari-Milano SpA.

Pernod Ricard has an analyst consensus of Hold, with a price target consensus of €91.50, which is a 52.65% upside from current levels. In a report released today, TipRanks – OpenAI also reiterated a Buy rating on the stock with a €66.00 price target.

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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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