Pernod Ricard (EPA:RI) Given a €169.00 Price Target at Royal Bank of Canada

Pernod Ricard (EPA:RIGet Rating) has been given a €169.00 ($181.72) price target by equities research analysts at Royal Bank of Canada in a report released on Thursday, Borsen Zeitung reports. Royal Bank of Canada’s price target suggests a potential downside of 13.55% from the stock’s current price.

RI has been the subject of several other research reports. Barclays set a €255.00 ($274.19) price target on shares of Pernod Ricard in a research report on Friday, February 11th. Kepler Capital Markets set a €202.00 ($217.20) price target on shares of Pernod Ricard in a research report on Thursday, January 20th. Sanford C. Bernstein set a €220.00 ($236.56) price target on shares of Pernod Ricard in a research report on Thursday, February 10th. Credit Suisse Group set a €215.00 ($231.18) price target on shares of Pernod Ricard in a research report on Tuesday, January 11th. Finally, Deutsche Bank Rese… set a €230.00 ($247.31) price target on shares of Pernod Ricard in a research report on Wednesday. Five research analysts have rated the stock with a hold rating and four have given a buy rating to the stock. Based on data from MarketBeat.com, Pernod Ricard has an average rating of “Hold” and a consensus price target of €226.08 ($243.09).

RI opened at €195.50 ($210.22) on Thursday. Pernod Ricard has a 1-year low of €107.25 ($115.32) and a 1-year high of €136.25 ($146.51). The firm has a 50-day moving average price of €191.62 and a two-hundred day moving average price of €198.60.

About Pernod Ricard (Get Rating)

Pernod Ricard SA produces and sells wines and spirits worldwide. It offers its products under various brands. The company was founded in 1805 and is headquartered in Paris, France.

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