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Berenberg Bank Keeps Their Buy Rating on Pernod Ricard (0HAT)

Tipranks - Wed Feb 25, 1:56AM CST

Berenberg Bank analyst Javier Gonzalez Lastra maintained a Buy rating on Pernod Ricard today and set a price target of €97.50.

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According to TipRanks, Gonzalez Lastra is a 4-star analyst with an average return of 6.7% and a 64.43% success rate.

In addition to Berenberg Bank, Pernod Ricard also received a Buy from Citi’s Simon Hales in a report issued yesterday. However, on the same day, Deutsche Bank downgraded Pernod Ricard (LSE: 0HAT) to a Sell.

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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