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Pernod Ricard (0HAT) Gets a Sell from DBS

Tipranks - Tipranks - Sat Apr 18, 5:12AM CDT

DBS analyst Zheng Feng Chee maintained a Sell rating on Pernod Ricard yesterday and set a price target of €62.00. The company’s shares closed yesterday at €66.64.

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According to TipRanks, Feng Chee is an analyst with an average return of -0.4% and a 60.58% success rate. Feng Chee covers the Consumer Defensive sector, focusing on stocks such as Food Empire Holdings Limited, Thai Beverage Public Co, and PepsiCo.

Pernod Ricard has an analyst consensus of Moderate Buy, with a price target consensus of €89.29.

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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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