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Pernod Ricard (0HAT) Receives a Hold from J.P. Morgan

Tipranks - Fri Feb 20, 6:44PM CST

J.P. Morgan analyst Celine Pannuti CFA maintained a Hold rating on Pernod Ricard yesterday and set a price target of €90.00.

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According to TipRanks, Pannuti CFA is an analyst with an average return of -1.9% and a 41.87% success rate. Pannuti CFA covers the Consumer Defensive sector, focusing on stocks such as L’Oreal, DANONE SA, and Nestlé SA.

In addition to J.P. Morgan, Pernod Ricard also received a Hold from UBS’s Sanjeet Aujla in a report issued yesterday. However, on February 17, TipRanks – OpenAI reiterated a Buy rating on Pernod Ricard (LSE: 0HAT).

Based on Pernod Ricard’s latest earnings release for the quarter ending June 30, the company reported a quarterly revenue of €4.78 billion and a net profit of €436 million. In comparison, last year the company earned a revenue of €5.01 billion and had a GAAP net loss of €93 million

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