Barclays Upgrades Rémy Cointreau (OTCMKTS:REMYY) to “Hold”

Rémy Cointreau (OTCMKTS:REMYY) was upgraded by equities research analysts at Barclays from a “strong sell” rating to a “hold” rating in a research report issued on Thursday,Zacks.com reports.

Separately, Berenberg Bank raised Rémy Cointreau to a “strong-buy” rating in a research report on Wednesday, April 2nd.

Rémy Cointreau Stock Up 3.6 %

Shares of REMYY stock opened at $5.50 on Thursday. The business’s fifty day moving average is $4.99 and its 200 day moving average is $5.57. Rémy Cointreau has a twelve month low of $4.40 and a twelve month high of $10.38.

About Rémy Cointreau

Rémy Cointreau SA, together with its subsidiaries, engages in the production, sale, and distribution of liqueurs and spirits. It operates through Rémy Martin, Liqueurs & Spirits, and Partner Brands segments. The company offers cognacs, liqueurs, single malt whiskies, gins, rums, brandies, wines, and champagnes primarily under the Cointreau, Metaxa, St-Rémy, Mount Gay, Bruichladdich, The Botanist, Westland, Le Domaine des Hautes Glaces, Belle de Brillet, Telmont, Port Charlotte, Octomore, Rémy Martin, and LOUIS XIII brands.