JPMorgan Chase & Co. Reiterates “€250.00” Price Target for Pernod Ricard (EPA:RI)

Pernod Ricard (EPA:RIGet Rating) has been assigned a €250.00 ($263.16) price target by analysts at JPMorgan Chase & Co. in a report released on Wednesday, Borsen Zeitung reports. JPMorgan Chase & Co.‘s price target points to a potential upside of 40.49% from the stock’s current price.

Other equities analysts have also issued reports about the stock. Deutsche Bank Rese… set a €234.00 ($246.32) price objective on shares of Pernod Ricard in a report on Tuesday, May 3rd. Kepler Capital Markets set a €202.00 ($212.63) price objective on shares of Pernod Ricard in a report on Thursday, January 20th. UBS Group set a €196.00 ($206.32) target price on shares of Pernod Ricard in a report on Friday, April 29th. Barclays set a €260.00 ($273.68) target price on shares of Pernod Ricard in a report on Friday, April 29th. Finally, Berenberg Bank set a €235.00 ($247.37) target price on shares of Pernod Ricard in a report on Friday, February 11th. Five investment analysts have rated the stock with a hold rating and four have issued a buy rating to the company. According to data from MarketBeat, Pernod Ricard has an average rating of “Hold” and an average price target of €227.62 ($239.60).

Shares of RI stock opened at €177.95 ($187.32) on Wednesday. The firm’s 50 day moving average price is €191.04 and its 200-day moving average price is €198.23. Pernod Ricard has a one year low of €107.25 ($112.89) and a one year high of €136.25 ($143.42).

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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