Athenex (NASDAQ:ATNX) Shares Up 5.6% PERNOD RICARD S/ADR (OTCMKTS:PDRDY) Lifted to “Hold” at Zacks Investment Research PERNOD RICARD S/ADR (OTCMKTS:PDRDY) Lifted to “Hold” at Zacks Investment Research - Filed Under - by Latisha Jones Tweet
Zacks Investment Research upgraded shares of PERNOD RICARD S/ADR (OTCMKTS:PDRDY) from a sell rating to a hold rating in a research note released on Saturday morning, Zacks.com reports.
According to Zacks, “Pernod Ricard SA, based in France, operates as a manufacturer and seller of a wide range of wines and spirits. The company operates as holding company, with the structure divided between brand owner subsidiaries, such as The Absolut Company, Havana Club International and Chivas Brothers, which produce and develop marketing strategies for the brands, and regional distribution subsidiaries, such as Pernod Ricard Europe, Pernod Ricard Americas and Pernod Ricard Asia, which implement marketing strategies and distribute local brands. The Company is active in eight principal beverage sectors: whiskies, aniseed spirits, liqueurs, cognacs and brandies, white spirits and rums, bitters, champagnes and wines. Pernod Ricard SA’s flagship brands include Ricard, Havana Club, Ballantine’s, Malibu, Martell, The Glenlivet, Chivas Regal, Jameson and Absolut Vodka, among others. “ Get PERNOD RICARD S/ADR alerts:
Shares of OTCMKTS:PDRDY opened at $34.18 on Friday. The business’s fifty day moving average is $35.87. The firm has a market capitalization of $45.37 billion, a P/E ratio of 25.13, a PEG ratio of 3.13 and a beta of 0.48. PERNOD RICARD S/ADR has a 52-week low of $29.38 and a 52-week high of $37.50. PERNOD RICARD S/ADR Company Profile
Pernod Ricard SA produces and sells beers, wines, and spirits in the Americas, Europe, Asia, and internationally. Its principal brands include Absolut, Ballantine's, Beefeater, Chivas Regal, Kahlúa, Malibu, Martell, and Brancott Estate. The company was founded in 1805 and is headquartered in Paris, France.
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