Barclays Boosts Rémy Cointreau (OTCMKTS:REMYY) Price Target to €313.00

Rémy Cointreau (OTCMKTS:REMYYGet Rating) had its price target lifted by Barclays from €294.00 ($309.47) to €313.00 ($329.47) in a research note issued to investors on Tuesday, The Fly reports. They currently have an overweight rating on the stock.

A number of other research analysts also recently commented on REMYY. Deutsche Bank Aktiengesellschaft boosted their price target on Rémy Cointreau from €295.00 ($310.53) to €315.00 ($331.58) in a research note on Tuesday, April 12th. Exane BNP Paribas raised Rémy Cointreau from a neutral rating to an outperform rating in a research note on Monday, March 14th. Morgan Stanley dropped their price target on Rémy Cointreau from €175.00 ($184.21) to €167.00 ($175.79) and set an underweight rating for the company in a research note on Friday, April 8th. Credit Suisse Group boosted their target price on Rémy Cointreau from €180.00 ($189.47) to €200.00 ($210.53) in a research note on Monday, April 11th. Finally, Zacks Investment Research downgraded Rémy Cointreau from a hold rating to a sell rating in a research note on Tuesday, April 19th. Five investment analysts have rated the stock with a sell rating, four have given a hold rating and five have given a buy rating to the company’s stock. Based on data from MarketBeat, the stock presently has an average rating of Hold and an average price target of $169.74.

REMYY stock opened at $20.18 on Tuesday. The business has a 50-day simple moving average of $19.82 and a 200 day simple moving average of $21.14. Rémy Cointreau has a 52 week low of $17.96 and a 52 week high of $24.72. The company has a quick ratio of 0.47, a current ratio of 2.27 and a debt-to-equity ratio of 0.21.

Rémy Cointreau Company Profile (Get Rating)

Rémy Cointreau SA, together with its subsidiaries, produces and distributes liqueurs and spirits. The company operates through Rémy Martin, Liqueurs & Spirits, and Partner Brands segments. It offers liqueurs, brandy, gin, single malt whisky, rum, wine, and champagne primarily under the Cointreau, Metaxa, St-Rémy, Mount Gay, Bruichladdich, Port Charlotte, Octomore, The Botanist, Westland, LOUIS XIII, and Domaine des Hautes Glaces brands.

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