Pernod Ricard (OTCMKTS:PDRDY) PT Raised to €260.00

Pernod Ricard (OTCMKTS:PDRDYGet Rating) had its price target upped by Barclays from €255.00 ($274.19) to €260.00 ($279.57) in a research report report published on Friday, The Fly reports. Barclays currently has an overweight rating on the stock.

Other equities research analysts have also recently issued reports about the company. Credit Suisse Group raised their target price on Pernod Ricard from €215.00 ($231.18) to €217.00 ($233.33) and gave the company a neutral rating in a research note on Friday, April 1st. Royal Bank of Canada raised their target price on Pernod Ricard from €157.00 ($168.82) to €169.00 ($181.72) and gave the company a sector perform rating in a research note on Friday. Finally, Deutsche Bank Aktiengesellschaft lifted their price objective on shares of Pernod Ricard from €245.00 ($263.44) to €256.00 ($275.27) in a research note on Wednesday, January 19th. One equities research analyst has rated the stock with a sell rating, five have given a hold rating and five have assigned a buy rating to the company’s stock. According to MarketBeat, Pernod Ricard presently has a consensus rating of Hold and an average target price of $190.20.

PDRDY stock opened at $47.12 on Friday. Pernod Ricard has a 1 year low of $34.68 and a 1 year high of $47.39. The stock’s fifty day moving average is $47.12 and its two-hundred day moving average is $47.03.

About Pernod Ricard (Get Rating)

Pernod Ricard SA engages in the manufacture of wines, spirits, and non-alcoholic beverages. The firm offers products under the brands Absolut Vodka, Chivas Regal, Ballantine’s, Beefeater, Jameson, Kahlúa, Malibu, Ricard, Havana Club, Martell, Cognac, The Glenlivet, G.H. Mumm, Perrier-Jouët, Royal Salute, Brancott Estate, Graffigna, Campo Viejo, Jacob’s Creek, Kenwood, Pastis 51, 100 Pipers, ArArAt, Becherovka, Blenders Pride, Clan Campbell, Imperial, Seagram’s Imperial Blue, Olmeca, Passport Scotch, Amaro Ramazzotti, Ruavieja, Royal Stag, Seagram’s Gin, Something Special, Suze, Wiser’s, and Wyborowa.

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