Pernod Ricard SA / Analyst ratings

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Analyst ratings

8 analysts rated this company in the past 90 days. The average target price is €113.75, this is a change of +37.2% compared to the current price.

September 29, 2025
UBS lowers target for Pernod Ricard to 87 euros - 'Neutral'

ZURICH (dpa-AFX Analyst) - Swiss bank UBS has lowered its price target for Pernod Ricard from €100 to €87 ahead of the company's first-quarter sales figures, which are expected on October 16. The rating was left at "Neutral." Analyst Sanjeet Aujla expects the spirits manufacturer to have had a challenging start to the new fiscal year, according to a study released Monday. Revenue adjusted for acquisitions and currency effects is likely to have declined year-on-year and also compared to the fourth quarter.

Publication of the original study: September 29, 2025 / 5:37 PM / GMT

First distribution of the original study: September 29, 2025 / 5:37 PM / GMT

Note: Information on the disclosure obligation in the event of conflicts of interest within the meaning of Section 85 (1) of the German Securities Trading Act (WpHG) and Article 20 of Regulation (EU) No. 596/2014 for the aforementioned analyst firm can be found at http://web.dpa-afx.de/offenlegungspflicht/offenlegungs_pflicht.html.
September 18, 2025
Jefferies maintains Pernod Ricard at 'Buy' - target 125 euros

NEW YORK (dpa-AFX Analyser) - The analyst firm Jefferies has maintained its "Buy" rating for Pernod Ricard with a price target of €125. After a difficult first quarter (ending September), the spirits group is likely to show signs of recovery starting in the second quarter, Edward Mundy wrote in a study released Thursday. With increasing confidence in the French company's growth, the stock is expected to appreciate./rob/edh/tav

Publication of the original study: September 18, 2025 / 5:32 a.m. / Time zone not specified in the study

First distribution of the original study: September 18, 2025 / 5:32 a.m. / Time zone not specified in the study

Note: Information on the disclosure obligation in the event of conflicts of interest within the meaning of Section 85 (1) of the German Securities Trading Act (WpHG) and Article 20 of Regulation (EU) No. 596/2014 for the aforementioned analyst firm can be found at http://web.dpa-afx.de/offenlegungspflicht/offenlegungs_pflicht.html.
September 17, 2025
Berenberg maintains Pernod Ricard at 'Buy' - target 114 euros

HAMBURG (dpa-AFX Analyst) - Private bank Berenberg has maintained its "Buy" rating for Pernod Ricard with a price target of €114. Shares of the European beer and soft drink companies suffered significant losses in the first half of the year, while spirits producers' shares performed strongly, Javier Gonzalez Lastra wrote in an industry study released Thursday. Its profit forecasts for breweries and soft drink producers remained largely unchanged, but those for spirits producers fell by 4.4 percent due to tariffs and negative currency effects./edh/tav

Publication of the original study: September 17, 2025 / 4:17 p.m. / GMT

First distribution of the original study: Date not specified in study / Time not specified in study / Time zone not specified in study

Note: Information on the disclosure obligation in the event of conflicts of interest within the meaning of Section 85 (1) of the German Securities Trading Act (WpHG) and Article 20 of Regulation (EU) No. 596/2014 for the aforementioned analyst firm can be found at http://web.dpa-afx.de/offenlegungspflicht/offenlegungs_pflicht.html.
September 16, 2025
RBC maintains Pernod Ricard at 'Sector Perform' - target 110 euros

NEW YORK (dpa-AFX Analyst) - Canadian bank RBC has maintained its rating for Pernod Ricard at "Sector Perform" with a price target of €110. In an industry study released Wednesday, James Edwardes Jones examined the price movements of consumer goods stocks during the last reporting season, which were initially difficult to understand. However, upon examining the business figures "from a distance," it became clear to him that the market behaved rationally. This suggests that investors are focusing on volume and sales growth—rather than profitability or earnings per share—in the short term. as the "best substitute" for long-term value growth./edh/tav

Publication of the original study: September 16, 2025 / 6:02 PM / EDT

First distribution of the original study: September 17, 2025 / 12:45 AM / EDT

Note: Information on the disclosure obligation for conflicts of interest within the meaning of Section 85 (1) of the German Securities Trading Act (WpHG) and Article 20 of Regulation (EU) No. 596/2014 for the aforementioned analyst firm can be found at http://web.dpa-afx.de/offenlegungspflicht/offenlegungs_pflicht.html.
September 15, 2025
Bernstein maintains Pernod Ricard at 'Outperform' - Target 133 euros

NEW YORK (dpa-AFX Analyst) - US analyst Bernstein Research has maintained Pernod Ricard's "Outperform" rating with a price target of €133. Alcohol consumption in the important US market has been very volatile over the past six years, Nadine Sarwat wrote in an industry report released Monday. Sentiment there is currently very poor, and valuations are at levels seen during the financial crisis. Signs of a return to growth are unlikely until 2026./gl/niw

Publication of the original study: September 15, 2025 / 4:40 a.m. / UTC First distribution of the original study: September 15, 2025 / 4:40 a.m. / UTC

Note: Information on the disclosure obligation in the event of conflicts of interest within the meaning of Section 85 (1) of the German Securities Trading Act (WpHG) and Article 20 of Regulation (EU) No. 596/2014 for the aforementioned analyst firm can be found at http://web.dpa-afx.de/offenlegungspflicht/offenlegungs_pflicht.html.
August 28, 2025
Bernstein lowers Pernod Ricard target to 133 euros - 'Outperform'

NEW YORK (dpa-AFX Analyst) - US analyst Bernstein Research has lowered its price target for Pernod Ricard from €138 to €133 and maintained its rating at "Outperform." Trevor Stirling wrote in a report released Friday that the past fiscal year left mixed impressions. He cited weak demand but impressive cost control. Cash flow improved, and there was dilution from divestments. It reduced its earnings per share estimates for the current and upcoming fiscal years./rob/tih/he

Publication of the original study: August 28, 2025 / 6:34 p.m. / UTC. First distribution of the original study: August 29, 2025 / 4:50 a.m. / UTC.

Note: Information on the disclosure obligation in the event of conflicts of interest within the meaning of Section 85 (1) of the German Securities Trading Act (WpHG) and Article 20 of Regulation (EU) No. 596/2014 for the aforementioned analyst firm can be found at http://web.dpa-afx.de/offenlegungspflicht/offenlegungs_pflicht.html.
August 28, 2025
Berenberg maintains Pernod Ricard at 'Buy' - target 114 euros

HAMBURG (dpa-AFX Analyst) - Private bank Berenberg has maintained its "Buy" rating for Pernod Ricard with a price target of €114. The spirits manufacturer performed slightly better than expected overall, Javier Gonzalez Lastra wrote in an assessment on Thursday of the French company's annual figures. This should be viewed positively, given the challenges throughout the year./rob/ajx/ag

Publication of the original study: August 28, 2025 / 4:23 PM / GMT. First distribution of the original study: Date not specified in study / Time not specified in study / Time zone not specified in study.

Note: Information on the disclosure obligation in the event of conflicts of interest within the meaning of Section 85 (1) of the German Securities Trading Act (WpHG) and Article 20 of Regulation (EU) No. 596/2014 for the aforementioned analyst firm can be found at http://web.dpa-afx.de/offenlegungspflicht/offenlegungs_pflicht.html.
August 28, 2025
JPMorgan leaves Pernod Ricard at 'Neutral' - Target 120 euros

NEW YORK (dpa-AFX Analyst) - US bank JPMorgan has maintained its rating for Pernod Ricard at "Neutral" with a price target of €120. Analyst Celine Pannuti adjusted her valuation model on Thursday evening to reflect the spirits group's fiscal year results. It slightly raised its below-average earnings forecast for 2026, but still remained 3 percent below the consensus estimate./ag/edh

Publication of the original study: August 28, 2025 / 5:42 PM / BST

First distribution of the original study: August 29, 2025 / 12:15 AM / BST

Note: Information on the disclosure obligation in the event of conflicts of interest within the meaning of Section 85 (1) of the German Securities Trading Act (WpHG) and Article 20 of Regulation (EU) No. 596/2014 for the aforementioned analyst firm can be found at http://web.dpa-afx.de/offenlegungspflicht/offenlegungs_pflicht.html.
August 28, 2025
Jefferies raises target for Pernod Ricard to 130 euros - 'Buy'

NEW YORK (dpa-AFX Analyst) - Following the release of figures for the past fiscal year, analyst Jefferies raised its price target for Pernod Ricard from €120 to €130 and maintained its "Buy" rating. The spirits manufacturer is focusing on the things it has control over to advance its operational and cash flow development, wrote Edward Mundy in his assessment, updated during the day on Thursday. As confidence in growth increases, the share price is likely to rise./rob/gl/he

Publication of the original study: August 28, 2025 / 11:47 AM / Time zone not specified in the study. First distribution of the original study: August 28, 2025 / 11:47 AM / Time zone not specified in the study.

Note: Information on the disclosure obligation in the event of conflicts of interest within the meaning of Section 85 (1) of the German Securities Trading Act (WpHG) and Article 20 of Regulation (EU) No. 596/2014 for the aforementioned analyst firm can be found at http://web.dpa-afx.de/offenlegungspflicht/offenlegungs_pflicht.html.
August 28, 2025
Bernstein maintains Pernod Ricard at 'Outperform' - Target 138 euros

NEW YORK (dpa-AFX Analyser) - US analyst firm Bernstein Research has maintained its rating for Pernod Ricard at "Outperform" after its annual results, with a price target of €138. The spirits group has presented solid financial figures, including with regard to free cash flow, Trevor Stirling wrote in a study released Thursday. However, the outlook suggests a weak start to the new fiscal year./rob/tih/gl

Publication of the original study: August 28, 2025 / 7:12 a.m. / UTC First distribution of the original study: August 28, 2025 / 7:12 a.m. / UTC

Note: Information on the disclosure obligation in the event of conflicts of interest within the meaning of Section 85 (1) of the German Securities Trading Act (WpHG) and Article 20 of Regulation (EU) No. 596/2014 for the aforementioned analyst firm can be found at http://web.dpa-afx.de/offenlegungspflicht/offenlegungs_pflicht.html.
August 28, 2025
JPMorgan leaves Pernod Ricard at 'Neutral' - Target 120 euros

NEW YORK (dpa-AFX Analyst) - Following the company's results for the past fiscal year, US bank JPMorgan has maintained a "neutral" rating on Pernod Ricard, with a price target of €120. The spirits manufacturer's statements during the subsequent conference call were mixed, wrote Celine Pannuti on Thursday morning. The company convincingly demonstrated its ability to increase growth and maintain margins. However, although expectations for 2024/25 have been exceeded, she continues to see pressure on profit drivers and expects a reduction in estimates for the new fiscal year in the low single-digit percentage range./gl/ag

However, she continues to see ./rob/gl

Publication of the original study: August 28, 2025 / 11:31 a.m. / BST First distribution of the original study: August 28, 2025 / 11:31 a.m. / BST

Note: Information on the disclosure obligation in the event of conflicts of interest within the meaning of Section 85 (1) of the German Securities Trading Act (WpHG) and Article 20 of Regulation (EU) No. 596/2014 for the aforementioned analyst firm can be found at http://web.dpa-afx.de/offenlegungspflicht/offenlegungs_pflicht.html.
August 28, 2025
RBC lowers target for Pernod Ricard to 110 euros - 'Sector Perform'

NEW YORK (dpa-AFX Analyst) - Canadian bank RBC lowered its price target for Pernod Ricard from €120 to €110, but maintained its "Sector Perform" rating. Analyst James Edwardes Jones adjusted his valuation model on Thursday to reflect the French company's fiscal year results. He cut his estimates due to headwinds from currency developments, tariffs, and weak demand./rob/ag/ajx

Publication of the original study: August 28, 2025 / 7:43 a.m. / EDT

First distribution of the original study: August 28, 2025 / 7:43 a.m. / EDT

Note: Information on the disclosure obligation in the event of conflicts of interest within the meaning of Section 85 (1) of the German Securities Trading Act (WpHG) and Article 20 of Regulation (EU) No. 596/2014 for the aforementioned analyst firm can be found at http://web.dpa-afx.de/offenlegungspflicht/offenlegungs_pflicht.html.
August 28, 2025
UBS maintains Pernod Ricard at 'Neutral' - target 100 euros

ZURICH (dpa-AFX Analyst) - Swiss bank UBS has maintained its rating for Pernod Ricard at "Neutral" with a price target of €100. Sanjeet Aujla highlighted the unexpectedly weak outlook for the first fiscal quarter on Thursday following the annual report./rob/ag/ajx

Publication of the original study: August 28, 2025 / 6:06 a.m. / GMT

First distribution of the original study: August 28, 2025 / Time not specified in study / Time zone not specified in study

Note: Information on the disclosure obligation in the event of conflicts of interest within the meaning of Section 85 (1) of the German Securities Trading Act (WpHG), Article 20 of Regulation (EU) No. 596/2014 for the aforementioned analyst firm can be found at http://web.dpa-afx.de/offenlegungspflicht/offenlegungs_pflicht.html.
August 28, 2025
RBC maintains Pernod Ricard at 'Sector Perform' - Target 120 euros

NEW YORK (dpa-AFX Analyst) - Canadian bank RBC has maintained its rating for Pernod Ricard at "Sector Perform" with a price target of €120. James Edwardes Jones wrote on Thursday after the figures were released that the French company's results were slightly better than expected. However, the outlook is weak./rob/ag/ajx

Publication of the original study: August 28, 2025 / 2:01 a.m. / EDT

First distribution of the original study: August 28, 2025 / 2:01 a.m. / EDT

Note: Information on the disclosure obligation regarding conflicts of interest within the meaning of Section 85 (1) of the German Securities Trading Act (WpHG), Article 20 of Regulation (EU) No. 596/2014 for the aforementioned analyst firm can be found at http://web.dpa-afx.de/offenlegungspflicht/offenlegungs_pflicht.html.
August 28, 2025
Jefferies maintains Pernod Ricard at 'Buy' - target 120 euros

NEW YORK (dpa-AFX Analyst) - The analyst firm Jefferies has maintained its "Buy" rating for Pernod Ricard with a price target of €120. Analyst Edward Mundy expects a positive share price reaction to the exceeded earnings expectations on Thursday. A great deal of uncertainty has already been priced in./rob/ag/ajx

Publication of the original study: August 28, 2025 / 2:09 a.m.

First distribution of the original study: August 28, 2025 / 2:09 a.m.

Note: Information on the disclosure obligation in the event of conflicts of interest within the meaning of Section 85 (1) of the German Securities Trading Act (WpHG), Article 20 of Regulation (EU) No. 596/2014 for the aforementioned analyst firm can be found at http://web.dpa-afx.de/offenlegungspflicht/offenlegungs_pflicht.html.
August 20, 2025
UBS raises target for Pernod Ricard to 100 euros - 'Neutral'

ZURICH (dpa-AFX Analyst) - Swiss bank UBS has raised its price target for Pernod Ricard from 92 to 100 euros, but left its rating at "neutral." According to an assessment released Thursday, Sanjeet Aujla is generally somewhat more optimistic than the market regarding the spirits group's organic earnings prospects. However, aspects such as exchange rate developments and financing costs overshadowed this./rob/ag/gl

Publication of the original study: August 20, 2025 / 8:04 p.m. / GMT. First distribution of the original study: August 21, 2025 / Time not specified in study / Time zone not specified in study

Note: Information on the disclosure obligation in the event of conflicts of interest within the meaning of Section 85 (1) of the German Securities Trading Act (WpHG) and Article 20 of Regulation (EU) No. 596/2014 for the aforementioned analyst firm can be found at http://web.dpa-afx.de/offenlegungspflicht/offenlegungs_pflicht.html.
July 28, 2025
Bernstein maintains Pernod Ricard at 'Outperform' - Target 138 euros

NEW YORK (dpa-AFX Analyst) - Following the trade agreement between the US and the EU, US analyst Bernstein Research has maintained Pernod Ricard's rating of "Outperform" with a price target of €138. Nadine Sarwat wrote in a study released Monday that the 15 percent tariff is better than the initially feared 30 percent tariff for spirits producers from the European Union. Remy Cointreau is the most affected due to the high level of corporate sales generated in the US. Campari, Pernod Ricard, Diageo, and Heineken followed. According to the report, Remy and Pernod are now likely to reduce their forecasts due to the difficult market situation, although this is already largely expected in the financial market./ck/mis

Publication of the original study: July 28, 2025 / 9:38 a.m. / UTC

First distribution of the original study: July 28, 2025 / 9:38 a.m. / UTC

Note: Information on the disclosure obligation in the event of conflicts of interest within the meaning of Section 85 (1) of the German Securities Trading Act (WpHG) and Article 20 of Regulation (EU) No. 596/2014 for the aforementioned analyst firm can be found at http://web.dpa-afx.de/offenlegungspflicht/offenlegungs_pflicht.html.
July 10, 2025
Barclays raises target for Pernod Ricard to 111 euros

LONDON (dpa-AFX Analyst) - British investment bank Barclays has raised its price target for Pernod Ricard from €97 to €111, but maintained its rating at "Equal Weight." The spirits group's shares are not highly valued, but clearer recovery signals are needed for rising market expectations, wrote Laurence Whyatt in his outlook on the financial statements released on Friday. However, the news situation currently remains positive./ag/zb

Publication of the original study: July 10, 2025 / 1:49 PM / GMT

First distribution of the original study: July 11, 2025 / 3:00 AM / GMT

Note: Information on the disclosure obligation in the event of conflicts of interest within the meaning of Section 85 (1) of the German Securities Trading Act (WpHG) and Article 20 of Regulation (EU) No. 596/2014 for the aforementioned analyst firm can be found at http://web.dpa-afx.de/offenlegungspflicht/offenlegungs_pflicht.html.
July 7, 2025
Goldman lowers target for Pernod Ricard to 110 euros - 'Buy'

NEW YORK (dpa-AFX Analyst) - US investment bank Goldman Sachs lowered its price target for Pernod Ricard from €120 to €110, but maintained its "Buy" rating. Olivier Nicolai cut his estimates in his outlook on the French company's annual report published on Tuesday. However, he maintained his "Buy" recommendation due to an attractive valuation. Investors underestimate the value of the India business./ag/tih

Publication of the original study: July 7, 2025 / 10:02 PM / BST

First distribution of the original study: Date not specified in study / Time not specified in study / Time zone not specified in study

Note: Information on the disclosure obligation in the event of conflicts of interest within the meaning of Section 85 (1) of the German Securities Trading Act (WpHG) and Article 20 of Regulation (EU) No. 596/2014 for the aforementioned analyst firm can be found at http://web.dpa-afx.de/offenlegungspflicht/offenlegungs_pflicht.html.
July 6, 2025
Bernstein lowers Pernod Ricard target to 148 euros - 'Outperform'

NEW YORK (dpa-AFX Analyst) - US analyst firm Bernstein Research lowered its price target for Pernod Ricard from €157 to €148 in light of new Chinese import regulations, but maintained its rating at "Outperform." While Chinese anti-dumping duties could theoretically be imposed on cognac imports, Trevor Stirling wrote in his commentary published Monday, many companies could receive exemptions if they commit to minimum import prices. At Pernod, the expert also provided an outlook on the upcoming quarterly report, citing the weak US business as the primary reason for adjusted growth assumptions./tih/ag

Publication of the original study: July 6, 2025 / 11:21 PM / UTC

First distribution of the original study: July 7, 2025 / 4:55 AM / UTC

Note: Information on the disclosure obligation in the event of conflicts of interest within the meaning of Section 85 (1) of the German Securities Trading Act (WpHG) and Article 20 of Regulation (EU) No. 596/2014 for the aforementioned analyst firm can be found at http://web.dpa-afx.de/offenlegungspflicht/offenlegungs_pflicht.html.
June 30, 2025
JPMorgan leaves Pernod Ricard at 'Neutral' - Target 120 euros

NEW YORK (dpa-AFX Analyst) - US bank JPMorgan has maintained a "neutral" rating on Pernod Ricard with a price target of €120 ahead of the company's expected results for the 2024/25 fiscal year at the end of August. Analyst Celine Pannuti updated her valuation model in a study released Monday based on recent market data and discussions with the spirits producer. It expects an improvement in sales development for the fourth fiscal quarter compared to the previous quarter, but still anticipates a decline on an adjusted basis./rob/ck/stw

Publication of the original study: June 30, 2025 / 2:29 PM / BST

First distribution of the original study: June 30, 2025 / 2:29 PM / BST

Note: Information on the disclosure obligation in the event of conflicts of interest within the meaning of Section 85 (1) of the German Securities Trading Act (WpHG) and Article 20 of Regulation (EU) No. 596/2014 for the aforementioned analyst firm can be found at http://web.dpa-afx.de/offenlegungspflicht/offenlegungs_pflicht.html.
June 30, 2025
Jefferies maintains Pernod Ricard at 'Buy' - target 120 euros

NEW YORK (dpa-AFX Analyst) - The research firm Jefferies has maintained its rating for Pernod Ricard at "Buy" with a price target of €120. Analyst Edward Mundy expressed his belief in a report released Monday that the worst is over for the spirits company, thus creating a chance for a renewed appreciation of the stock's valuation. The share price already reflects a subdued 2026. Organic growth should pick up again after that./rob/tih/zb

Publication of the original study: June 30, 2025 / 11:43 AM / Time zone not specified in the study

First distribution of the original study: June 30, 2025 / 11:43 AM / Time zone not specified in the study

Note: Information on the disclosure obligation in the event of conflicts of interest within the meaning of Section 85 (1) of the German Securities Trading Act (WpHG) and Article 20 of Regulation (EU) No. 596/2014 for the aforementioned analyst firm can be found at http://web.dpa-afx.de/offenlegungspflicht/offenlegungs_pflicht.html.
June 30, 2025
UBS lowers target for Pernod Ricard to 92 euros - 'Neutral'

ZURICH (dpa-AFX Analyst) - Swiss bank UBS has lowered its price target for Pernod Ricard from €97 to €92 ahead of the company's expected results for the 2024/25 fiscal year at the end of August. The rating was left at "Neutral." In a study released Monday, Sanjeet Aujla expects the spirits manufacturer's sales to decline in its fourth fiscal quarter, but this decline is unlikely to be nearly as significant as in the previous quarter. This means the company is likely to reach the lower end of its annual forecast. Furthermore, as management defends margins, operating profitability should remain unchanged thanks to lower marketing expenses. For 2025/26, Aujla expects small organic sales growth with slightly declining margins due to the impact of Chinese and US tariffs./rob/ck/stw

Publication of the original study: June 30, 2025 / 10:56 a.m. / GMT

First distribution of the original study: June 30, 2025 / Time not specified in study / Time zone not specified in study

Note: Information on the disclosure obligation in the event of conflicts of interest within the meaning of Section 85 (1) of the German Securities Trading Act (WpHG) and Article 20 of Regulation (EU) No. 596/2014 for the aforementioned analyst firm can be found at http://web.dpa-afx.de/offenlegungspflicht/offenlegungs_pflicht.html.
June 30, 2025
Bernstein maintains Pernod Ricard at 'Outperform' - Target 157 euros

NEW YORK (dpa-AFX Analyst) - US analyst Bernstein Research has maintained its rating for Pernod Ricard at "outperform" with a price target of €157 ahead of its financial results at the end of August. The spirits manufacturer's prospects are "extremely dependent" on the Chinese market and US import tariffs, Trevor Stirling wrote in a study released Monday. The company expressed caution regarding profitability for the current year in a discussion./bek/gl

Publication of the original study: June 30, 2025 / 8:46 a.m. / UTC First distribution of the original study: June 30, 2025 / 8:46 a.m. / UTC

Note: Information on the disclosure obligation in the event of conflicts of interest within the meaning of Section 85 (1) of the German Securities Trading Act (WpHG) and Article 20 of Regulation (EU) No. 596/2014 for the aforementioned analyst firm can be found at http://web.dpa-afx.de/offenlegungspflicht/offenlegungs_pflicht.html.
June 16, 2025
UBS maintains Pernod Ricard at 'Neutral' - Target 97 euros

ZURICH (dpa-AFX Analyst) - Swiss bank UBS has maintained a "neutral" rating on Pernod Ricard with a price target of €97. Industry volume data for cognac exports in May were significantly below the pre-coronavirus year of 2019, Sanjeet Aujla wrote in a commentary on European beverage manufacturers on Monday. Cognac accounts for 16 percent of Pernod Ricard's group sales. For Remy Cointreau, the figure is 71 percent./gl/ag

Publication of the original study: June 16, 2025 / 3:47 p.m. / GMT First distribution of the original study: June 16, 2025 / 3:47 p.m. / GMT

Note: Information on the disclosure obligation in the event of conflicts of interest within the meaning of Section 85 (1) of the German Securities Trading Act (WpHG) and Article 20 of Regulation (EU) No. 596/2014 for the aforementioned analyst firm can be found at http://web.dpa-afx.de/offenlegungspflicht/offenlegungs_pflicht.html.
May 15, 2025
UBS maintains Pernod Ricard at 'Neutral' - Target 97 euros

ZURICH (dpa-AFX Analyst) - Swiss bank UBS has maintained a "neutral" rating on Pernod Ricard with a price target of €97. In a question-and-answer session with the spirits manufacturer, management of the North American business reiterated that the weakness there is more cyclical than structural, Sanjeet Aujla wrote in a study released Friday. The real news was the announced closer cooperation with the wholesale trade as part of a strategic realignment./rob/gl/edh

Publication of the original study: May 15, 2025 / 2:55 PM / GMT

First distribution of the original study: May 15, 2025 / Time not specified in study / Time zone not specified in study

Note: Information on the disclosure obligation in the event of conflicts of interest within the meaning of Section 85 (1) of the German Securities Trading Act (WpHG) and Article 20 of Regulation (EU) No. 596/2014 for the aforementioned analyst firm can be found at http://web.dpa-afx.de/offenlegungspflicht/offenlegungs_pflicht.html.
May 15, 2025
UBS maintains Pernod Ricard at 'Neutral' - Target 97 euros

ZURICH (dpa-AFX Analyst) - Swiss bank UBS has maintained a "neutral" rating on Pernod Ricard with a price target of €97. The French spirits producer is restructuring its relationship with the wholesaler, Sanjeet Aujla wrote on Thursday after a webcast with the head of Pernod North America./rob/ajx/jha/

Publication of the original study: May 15, 2025 / 2:55 p.m. / GMT. First distribution of the original study: May 15, 2025 / Time not specified in study / Time zone not specified in study.

Note: Information on the disclosure obligation in the event of conflicts of interest within the meaning of Section 85 (1) of the German Securities Trading Act (WpHG), Article 20 of Regulation (EU) No. 596/2014 for the aforementioned analyst firm can be found at http://web.dpa-afx.de/offenlegungspflicht/offenlegungs_pflicht.html.
April 24, 2025
Bernstein raises target for Pernod Ricard to 157 euros - 'Outperform'

NEW YORK (dpa-AFX Analyst) - US analyst Bernstein Research has raised its price target for Pernod Ricard from €137 to €157 and maintained its rating at "Outperform." The price performance among Europe's spirits producers has been extremely mixed so far in 2025, with brewery stocks clearly leading the pack, analyst Trevor Stirling wrote in a study released Thursday. Overall, however, the valuation has clearly declined. Brewery stocks are exceptionally cheap. Stirling last adjusted his price targets on April 10 to reflect the tariff and currency issues and has now raised them across the board by around 15 percent. Heineken and Campari remained the top favorites./ag/tav

Publication of the original study: April 24, 2025 / 5:35 a.m. / UTC

First distribution of the original study: April 24, 2025 / 5:35 a.m. / UTC

Note: Information on the disclosure obligation in the event of conflicts of interest within the meaning of Section 85 (1) of the German Securities Trading Act (WpHG) and Article 20 of Regulation (EU) No. 596/2014 for the aforementioned analyst firm can be found at http://web.dpa-afx.de/offenlegungspflicht/offenlegungs_pflicht.html.
April 22, 2025
Bernstein lowers Pernod Ricard target to 137 euros - 'Outperform'

NEW YORK (dpa-AFX Analyst) - US analyst firm Bernstein Research lowered its price target for Pernod Ricard from €143 to €137 following quarterly results, but maintained its "outperform" rating. The spirits group has experienced another weak quarter, analyst Trevor Stirling wrote on Tuesday. It reduced its earnings (EPS) forecasts for the 2024/25 and 2025/26 fiscal years./edh/ag

Publication of the original study: April 22, 2025 / 5:29 a.m. / UTC

First distribution of the original study: April 22, 2025 / 5:29 a.m. / UTC

Note: Information on the disclosure obligation in the event of conflicts of interest within the meaning of Section 85 (1) of the German Securities Trading Act (WpHG) and Article 20 of Regulation (EU) No. 596/2014 for the aforementioned analyst firm can be found at http://web.dpa-afx.de/offenlegungspflicht/offenlegungs_pflicht.html.
April 21, 2025
Barclays raises Pernod Ricard to 'Equal Weight' - target 97 euros

LONDON (dpa-AFX Analyst) - British investment bank Barclays has upgraded Pernod Ricard from "Underweight" to "Equal Weight" and raised its price target from €94 to €97. Continuing concerns about its US business and tariffs have now been priced into the French company's shares, analyst Laurence Whyatt wrote in his re-evaluation published Tuesday. He now sees more potential for surprises given intensified negotiations between China and the EU, arguing that the Chinese import tariffs on cognac are far more significant than the US levies on EU goods. Should cognac sales in China increase, the share price is likely to react accordingly./ag/bek

Publication of the original study: April 21, 2025 / 6:33 a.m. / GMT

First distribution of the original study: April 22, 2025 / 3:00 a.m. / GMT

Note: Information on the disclosure obligation in the event of conflicts of interest within the meaning of Section 85 (1) of the German Securities Trading Act (WpHG) and Article 20 of Regulation (EU) No. 596/2014 for the aforementioned analyst firm can be found at http://web.dpa-afx.de/offenlegungspflicht/offenlegungs_pflicht.html.
April 17, 2025
UBS lowers target for Pernod Ricard to 97 euros - 'Neutral'

ZURICH (dpa-AFX Analyst) - Swiss bank UBS lowered its price target for Pernod Ricard from €101 to €97 following the release of third-quarter sales figures and maintained its rating at "Neutral." The fundamental trends for the spirits manufacturer remain challenging, analyst Sanjeet Aujla wrote in a report released Thursday. It cut its estimates for revenue and operating profit for the current and coming fiscal years, also citing negative exchange rate effects./ck/he

Publication of the original study: April 17, 2025 / 4:23 PM / GMT. First distribution of the original study: April 17, 2025 / 4:23 PM / GMT.

Note: Information on the disclosure obligation in the event of conflicts of interest within the meaning of Section 85 (1) of the German Securities Trading Act (WpHG) and Article 20 of Regulation (EU) No. 596/2014 for the aforementioned analyst firm can be found at http://web.dpa-afx.de/offenlegungspflicht/offenlegungs_pflicht.html.
April 17, 2025
Bernstein maintains Pernod Ricard at 'Outperform' - Target 143 euros

NEW YORK (dpa-AFX Analyst) - US analyst firm Bernstein Research has maintained its rating for Pernod Ricard at "outperform" with a price target of €143 following third-quarter sales figures. The spirits manufacturer's revenues were weak but in line with consensus estimates, analyst Trevor Stirling wrote in a report released Thursday. His more optimistic forecast was missed. While performance in the US was stronger than expected, it weakened in Europe and Asia. The forecast for organic sales growth for the full fiscal year 2024/25 was reaffirmed, including the impact of expected tariffs in China and the USA.

Publication of the original study: April 17, 2025 / 6:34 a.m. / UTC. First distribution of the original study: April 17, 2025 / 6:34 a.m. / UTC.

Note: Information on the disclosure obligation in the event of conflicts of interest within the meaning of Section 85 (1) of the German Securities Trading Act (WpHG) and Article 20 of Regulation (EU) No. 596/2014 for the aforementioned analyst firm can be found at http://web.dpa-afx.de/offenlegungspflicht/offenlegungs_pflicht.html.
April 17, 2025
Jefferies maintains Pernod Ricard at 'Buy' - target 140 euros

NEW YORK (dpa-AFX Analyser) - The analysis house Jefferies has maintained its rating for Pernod Ricard at "Buy" with a price target of 140 euros following sales figures for the third fiscal quarter. The spirits group's sales fell slightly more sharply than market expectations in the third quarter, but still slightly exceeded its forecast, wrote analyst Edward Mundy in an initial response released Thursday./edh/zb

Publication of the original study: April 17, 2025 / 2:23 a.m. / ET

First distribution of the original study: April 17, 2025 / 2:23 a.m. / ET

Note: Information on the disclosure obligation in the event of conflicts of interest within the meaning of Section 85 (1) of the German Securities Trading Act (WpHG) and Article 20 of Regulation (EU) No. 596/2014 for the aforementioned analyst firm can be found at http://web.dpa-afx.de/offenlegungspflicht/offenlegungs_pflicht.html.
April 17, 2025
UBS maintains Pernod Ricard at 'Neutral' - Target 101 euros

ZURICH (dpa-AFX Analyst) - Swiss bank UBS has maintained a "neutral" rating on Pernod Ricard following its quarterly results, with a price target of €101. The spirits manufacturer's organic sales decline was more significant than the market expected, even though expectations had already declined in recent weeks, analyst Sanjeet Aujla wrote in an initial reaction on Thursday. However, the group confirmed the outlook./gl/mis

Publication of the original study: April 17, 2025 / 6:01 a.m. / GMT First distribution of the original study: April 17, 2025 / 6:01 a.m. / GMT

Note: Information on the disclosure obligation in the event of conflicts of interest within the meaning of Section 85 (1) of the German Securities Trading Act (WpHG) and Article 20 of Regulation (EU) No. 596/2014 for the aforementioned analyst firm can be found at http://web.dpa-afx.de/offenlegungspflicht/offenlegungs_pflicht.html.
April 17, 2025
RBC maintains Pernod Ricard at 'Sector Perform' - Target 120 euros

NEW YORK (dpa-AFX Analyst) - Canadian bank RBC has maintained Pernod Ricard's "Sector Perform" rating with a price target of €120 following the company's earnings release. The spirits manufacturer's last quarter was anything but excellent, wrote analyst James Edwardes Jones in a response released Thursday. But based on the figures from the luxury goods group LVMH, he expected significantly worse./gl/mis

Publication of the original study: April 17, 2025 / 1:54 a.m. / EDT First distribution of the original study: April 17, 2025 / 1:54 a.m. / EDT

Note: Information on the disclosure obligation in the event of conflicts of interest within the meaning of Section 85 (1) of the German Securities Trading Act (WpHG) and Article 20 of Regulation (EU) No. 596/2014 for the aforementioned analyst firm can be found at http://web.dpa-afx.de/offenlegungspflicht/offenlegungs_pflicht.html.
April 11, 2025
Barclays raises target for Pernod Ricard to 94 euros - 'Underweight'

LONDON (dpa-AFX Analyser) - The British investment bank Barclays has raised its price target for Pernod Ricard from 90 to 94 euros, but left the rating at "underweight". Analyst Laurence Whyatt adjusted his estimates for Europe's alcohol producers on Friday to reflect the suspension of additional US tariffs and a base rate for the EU of just 10 percent./ag/gl

Publication of the original study: April 11, 2025 / 04:42 / GMT. First distribution of the original study: April 11, 2025 / 04:44 / GMT.

Note: Information on the disclosure obligation in the event of conflicts of interest within the meaning of Section 85 (1) of the German Securities Trading Act (WpHG) and Article 20 of Regulation (EU) No. 596/2014 for the aforementioned analyst firm can be found at http://web.dpa-afx.de/offenlegungspflicht/offenlegungs_pflicht.html.
April 3, 2025
Goldman lowers target for Pernod Ricard to 120 euros - 'Buy'

NEW YORK (dpa-AFX Analyst) - US investment bank Goldman Sachs lowered its price target for Pernod Ricard from €125 to €120, but maintained its "Buy" rating. The new US tariffs should provide some relief if they also apply to spirits imports, analyst Olivier Nicolai wrote in a commentary published Friday. The company could partially offset this by bottling some brands in the US. However, risks loomed due to the EU's consideration of imposing import tariffs on US bourbon./gl/edh

Publication of the original study: April 3, 2025 / 7:12 a.m. / BST First distribution of the original study: Date not specified in study / Time not specified in study / Time zone not specified in study

Note: Information on the disclosure obligation in the event of conflicts of interest within the meaning of Section 85 (1) of the German Securities Trading Act (WpHG) and Article 20 of Regulation (EU) No. 596/2014 for the aforementioned analyst firm can be found at http://web.dpa-afx.de/offenlegungspflicht/offenlegungs_pflicht.html.
April 3, 2025
UBS maintains Pernod Ricard at 'Neutral' - Target 101 euros

ZURICH (dpa-AFX Analyst) - Swiss bank UBS has maintained a "neutral" rating on Pernod Ricard with a price target of €101. Analyst Sanjeet Aujla referred to the tariff announcements from the US in a study on European spirits producers published Thursday. Since imported spirits from Mexico and Canada are likely to be exempt from tariffs, he believes the impact will be less than feared. He estimates the impact on Pernod's operating result (EBIT) at approximately 3 percent if the tariffs are fully applied to imports from the EU, Great Britain, and the rest of the world. Campari and Remy Cointreau, on the other hand, are the most affected./ck/tih

Publication of the original study: April 3, 2025 / 1:40 a.m. / GMT

First distribution of the original study: April 3, 2025 / 1:40 a.m. / GMT

Note: Information on the disclosure obligation in the event of conflicts of interest within the meaning of Section 85 (1) of the German Securities Trading Act (WpHG) and Article 20 of Regulation (EU) No. 596/2014 for the aforementioned analyst firm can be found at http://web.dpa-afx.de/offenlegungspflicht/offenlegungs_pflicht.html.
April 1, 2025
Berenberg starts Pernod Ricard with 'Buy' - target 114 euros

HAMBURG (dpa-AFX Analyst) - Private bank Berenberg has initiated its rating of Pernod Ricard shares with a "Buy" rating, setting a price target of €114. The increasing focus on fiscal deficits and lower nominal economic growth should benefit the beverage sector, wrote analyst Javier Gonzalez Lastra in his initial assessment of 12 sector stocks published Wednesday. He argued that they have fallen out of favor in recent years due to the opposite trend to bond yields and are approaching a cyclical low. Beer and soft drink stocks are less cyclical than spirits and also less at risk from US tariff policy. His preferred beer stock is Heineken. However, AB Inbev and Molson Coors also have potential. In the spirits sector, the expert prefers Diageo and Pernod Ricard./gl/ag

Publication of the original study: April 1, 2025 / 3:00 PM / GMT. First distribution of the original study: Date not specified in study / Time not specified in study / Time zone not specified in study.

Note: Information on the disclosure obligation in the event of conflicts of interest within the meaning of Section 85 (1) of the German Securities Trading Act (WpHG) and Article 20 of Regulation (EU) No. 596/2014 for the aforementioned analyst firm can be found at http://web.dpa-afx.de/offenlegungspflicht/offenlegungs_pflicht.html.
March 31, 2025
Deutsche Bank lowers target for Pernod Ricard to 97 euros - 'Hold'

FRANKFURT (dpa-AFX Analyst) - Deutsche Bank Research has lowered its price target for Pernod Ricard from €103 to €97 and maintained its "Hold" rating. Despite early purchases in light of looming US import tariffs, the spirits manufacturer is likely to present weak quarterly figures in mid-April, analyst Mitch Collett wrote in an outlook published on Monday./gl/edh

Publication of the original study: March 31, 2025 / 8:05 a.m. / CET First distribution of the original study: Date not specified in study / Time not specified in study / CET

Note: Information on the disclosure obligation in the event of conflicts of interest within the meaning of Section 85 (1) of the German Securities Trading Act (WpHG), Article 20 of Regulation (EU) No. 596/2014 for the aforementioned analyst firm can be found at http://web.dpa-afx.de/offenlegungspflicht/offenlegungs_pflicht.html.
March 31, 2025
UBS lowers target for Pernod Ricard to 101 euros - 'Neutral'

ZURICH (dpa-AFX Analyst) - Swiss bank UBS has lowered its price target for Pernod Ricard from 114 to 101 euros, but left the rating at "neutral." The figures due in mid-April are likely to demonstrate another weak quarter for the spirits manufacturer, analyst Sanjeet Aujla wrote in an outlook released on Monday. It sees risks to organic sales expectations and lowered its forecasts for organic sales and earnings figures./gl/edh

Publication of the original study: March 31, 2025 / 00:18 / GMT. First distribution of the original study: March 31, 2025 / 00:18 / GMT

Note: Information on the disclosure obligation in the event of conflicts of interest within the meaning of Section 85 (1) of the German Securities Trading Act (WpHG) and Article 20 of Regulation (EU) No. 596/2014 for the aforementioned analyst firm can be found at http://web.dpa-afx.de/offenlegungspflicht/offenlegungs_pflicht.html.
March 28, 2025
JPMorgan leaves Pernod Ricard at 'Neutral' - Target 120 euros

NEW YORK (dpa-AFX Analyst) - US bank JPMorgan has maintained its rating for Pernod Ricard at "Neutral" with a price target of €120 ahead of the company's third-quarter 2024/25 results, expected on April 17. Analyst Celine Pannuti updated her valuation model in a report released Friday based on current market data and discussions with the spirits producer. Overall, she now expects a slight organic sales decline instead of a slight increase. It also lowered its corresponding forecast for the full fiscal year and its annual earnings per share forecast./ck/he

Publication of the original study: March 28, 2025 / 3:38 PM / GMT

First distribution of the original study: March 28, 2025 / 3:38 PM / GMT

Note: Information on the disclosure obligation in the event of conflicts of interest within the meaning of Section 85 (1) of the German Securities Trading Act (WpHG) and Article 20 of Regulation (EU) No. 596/2014 for the aforementioned analyst firm can be found at http://web.dpa-afx.de/offenlegungspflicht/offenlegungs_pflicht.html.
March 13, 2025
Bernstein maintains Pernod Ricard at 'Outperform' - Target 164 euros

NEW YORK (dpa-AFX Analyst) - US analyst firm Bernstein Research has maintained its rating for Pernod Ricard at "Outperform" with a price target of €164 in light of the escalating tariff dispute between the US and the European Union. For the European spirits company, the development may not be as dire as it initially appears given the high, threatened tariffs, wrote analyst Nadine Sarwat in a study released Thursday. What US President Donald Trump says and does can vary greatly, she noted, recalling that the family of LVMH entrepreneur Bernard Arnault is friends with President Trump./tih/nas

Publication of the original study: March 13, 2025 / 2:39 p.m. / UTC

First distribution of the original study: March 13, 2025 / 2:39 p.m. / UTC

Note: Information on the disclosure obligation in the event of conflicts of interest within the meaning of Section 85 (1) of the German Securities Trading Act (WpHG) and Article 20 of Regulation (EU) No. 596/2014 for the aforementioned analyst firm can be found at http://web.dpa-afx.de/offenlegungspflicht/offenlegungs_pflicht.html.
February 10, 2025
JPMorgan leaves Pernod Ricard at 'Neutral' - Target 120 euros

NEW YORK (dpa-AFX Analyst) - US bank JPMorgan has maintained its rating for Pernod Ricard at "Neutral" with a price target of €120 following the spirits manufacturer's half-year results. These reflect continued weak demand, wrote analyst Celine Pannuti in a study released Monday. The expert also considered the impact of US tariffs in his model, assuming they will be implemented in March.

Publication of the original study: February 10, 2025 / 9:24 a.m. / GMT

First distribution of the original study: February 10, 2025 / 9:24 a.m. / GMT

Note: Information on the disclosure obligation in the event of conflicts of interest within the meaning of Section 85 (1) of the German Securities Trading Act (WpHG) and Article 20 of Regulation (EU) No. 596/2014 for the aforementioned analyst firm can be found at http://web.dpa-afx.de/offenlegungspflicht/offenlegungs_pflicht.html.
February 10, 2025
Jefferies lowers target for Pernod Ricard to 140 euros - 'Buy'

NEW YORK (dpa-AFX Analyst) - The research firm Jefferies lowered its price target for Pernod Ricard from €155 to €140, but maintained its "Buy" rating. Earnings have bottomed out and sales are expected to recover, wrote analyst Andrei Andon-Ionita in a report released Monday. After several difficult years, the focus is once again on costs, liquidity, and returns, the spirits group stated after presenting its figures for the first half of the fiscal year./edh/he

Publication of the original study: February 10, 2025 / 11:11 AM / ET First distribution of the original study: February 10, 2025 / 11:11 AM / ET

Note: Information on the disclosure obligation in the event of conflicts of interest within the meaning of Section 85 (1) of the German Securities Trading Act (WpHG) and Article 20 of Regulation (EU) No. 596/2014 for the aforementioned analyst firm can be found at http://web.dpa-afx.de/offenlegungspflicht/offenlegungs_pflicht.html.
February 10, 2025
Goldman maintains Pernod Ricard at 'Buy' - target 140 euros

NEW YORK (dpa-AFX Analyst) - US investment bank Goldman Sachs has maintained its "Buy" rating for Pernod Ricard with a price target of €140. The focus is on the French company's cash resources and US business, wrote analyst Olivier Nicolai in his commentary on the half-year report released on Monday. The spirits group's new outlook is a relief./ag/mis

Publication of the original study: February 10, 2025 / 00:17 / GMT

First distribution of the original study: Date not specified in study / Time not specified in study / Time zone not specified in study

Note: Information on the disclosure obligation in the event of conflicts of interest within the meaning of Section 85 (1) of the German Securities Trading Act (WpHG) and Article 20 of Regulation (EU) No. 596/2014 for the aforementioned analyst firm can be found at http://web.dpa-afx.de/offenlegungspflicht/offenlegungs_pflicht.html.
February 10, 2025
Deutsche Bank lowers target for Pernod Ricard to 103 euros - 'Hold'

FRANKFURT (dpa-AFX Analyst) - Deutsche Bank Research lowered its price target for Pernod Ricard from €104 to €103 following its half-year results and maintained its "Hold" rating. Since its estimates were significantly below consensus, analyst Mitch Collett left his expectations for fiscal year 2025 largely unchanged, he wrote in a report released Monday. However, this still falls short of the company's current forecast for organic operating profit growth. However, it cut its forecast for adjusted growth for fiscal years 2026 and 2027, primarily reflecting the more challenging and weaker growth environment in the US and China./ck/mis

Publication of the original study: February 10, 2025 / Time not specified in study / CET

First distribution of the original study: February 10, 2025 / 8:05 a.m. / CET

Note: Information on the disclosure obligation in the event of conflicts of interest within the meaning of Section 85 (1) of the German Securities Trading Act (WpHG) and Article 20 of Regulation (EU) No. 596/2014 for the aforementioned analyst firm can be found at http://web.dpa-afx.de/offenlegungspflicht/offenlegungs_pflicht.html.
February 10, 2025
JPMorgan leaves Pernod Ricard at 'Neutral' - Target 120 euros

NEW YORK (dpa-AFX Analyst) - US bank JPMorgan has maintained its rating for Pernod Ricard at "Neutral" with a price target of €120. Analyst Celine Pannuti wrote in an industry report released Monday that beer offers the best mix of growth, valuation, and generated cash flows. However, she expressed caution regarding higher-proof stocks./bek/mis

Publication of the original study: February 10, 2025 / 1:39 a.m. / GMT

First distribution of the original study: February 10, 2025 / 5:00 a.m. / GMT

Note: Information on the disclosure obligation in the event of conflicts of interest within the meaning of Section 85 (1) of the German Securities Trading Act (WpHG) and Article 20 of Regulation (EU) No. 596/2014 for the aforementioned analyst firm can be found at http://web.dpa-afx.de/offenlegungspflicht/offenlegungs_pflicht.html.
February 7, 2025
Bernstein lowers target for Pernod Ricard - 'Outperform'

NEW YORK (dpa-AFX Analyst) - US analyst firm Bernstein Research has lowered its price target for Pernod Ricard from €174 to €164, but maintained its "outperform" rating. The spirits group has experienced another weak quarter, analyst Trevor Stirling wrote in a report released Friday. It reduced its earnings forecast (adjusted EPS) for 2025./edh/nas

Publication of the original study: February 7, 2025 / 7:06 a.m. / UTC

First distribution of the original study: February 7, 2025 / 7:06 a.m. / UTC

Note: Information on the disclosure obligation in the event of conflicts of interest within the meaning of Section 85 (1) of the German Securities Trading Act (WpHG) and Article 20 of Regulation (EU) No. 596/2014 for the aforementioned analyst firm can be found at http://web.dpa-afx.de/offenlegungspflicht/offenlegungs_pflicht.html.
February 6, 2025
RBC maintains Pernod Ricard at 'Sector Perform' - Target 140 euros

NEW YORK (dpa-AFX Analyst) - Canadian bank RBC has maintained its rating for Pernod Ricard at "Sector Perform" with a price target of €140. The spirits group's recently reduced targets are largely in line with consensus estimates, wrote analyst James Edwardes Jones in a report released Thursday./edh/gl

Publication of the original report: February 6, 2025 / 2:31 a.m. / EST. First distribution of the original report: February 6, 2025 / 2:31 a.m. / EST.

Note: Information on the disclosure obligation in the event of conflicts of interest within the meaning of Section 85 (1) of the German Securities Trading Act (WpHG), Article 20 of Regulation (EU) No. 596/2014 for the aforementioned analyst firm can be found at http://web.dpa-afx.de/offenlegungspflicht/offenlegungs_pflicht.html.
February 6, 2025
Goldman maintains Pernod Ricard at 'Buy' - target 140 euros

NEW YORK (dpa-AFX Analyst) - US investment bank Goldman Sachs has maintained its "Buy" rating for Pernod Ricard with a price target of €140. Sales and operating results for the first half of the fiscal year met expectations, analyst Olivier Nicolai wrote on Thursday after the company's results were released. The spirits manufacturer's outlook provides some relief./ag/gl

Publication of the original study: February 6, 2025 / 8:29 a.m. / GMT First distribution of the original study: Date not specified in study / Time not specified in study / Time zone not specified in study

Note: Information on the disclosure obligation in the event of conflicts of interest within the meaning of Section 85 (1) of the German Securities Trading Act (WpHG), Article 20 of Regulation (EU) No. 596/2014 for the aforementioned analyst firm can be found at http://web.dpa-afx.de/offenlegungspflicht/offenlegungs_pflicht.html.
February 6, 2025
UBS maintains Pernod Ricard at 'Neutral' - Target 118 euros

ZURICH (dpa-AFX Analyser) - The Swiss major bank UBS has left its rating for Pernod Ricard at "neutral" with a price target of 118 euros. The spirits group has updated its targets for 2025/26 and made its outlook for 2029 more realistic, wrote analyst Sanjeet Aujla in a study released Thursday./edh/gl

Publication of the original study: February 6, 2025 / 11:18 / GMT. First distribution of the original study: February 6, 2025 / 11:18 / GMT.

Note: Information on the disclosure obligation in the event of conflicts of interest within the meaning of Section 85 (1) of the German Securities Trading Act (WpHG) and Article 20 of Regulation (EU) No. 596/2014 for the aforementioned analyst firm can be found at http://web.dpa-afx.de/offenlegungspflicht/offenlegungs_pflicht.html.
February 6, 2025
Jefferies maintains Pernod Ricard at 'Buy' - target 155 euros

NEW YORK (dpa-AFX Analyst) - Following Pernod Ricard's quarterly results, analyst Jefferies maintained its "Buy" rating with a price target of €155. Organic sales growth was weaker than expected, analyst Edward Mundy wrote in an initial reaction released Thursday. The spirits group's outlook for the 2024/25 financial year appears realistic./edh/gl

Publication of the original study: February 6, 2025 / 2:09 a.m. / ET First distribution of the original study: February 6, 2025 / 2:09 a.m. / ET

Note: Information on the disclosure obligation in the event of conflicts of interest within the meaning of Section 85 (1) of the German Securities Trading Act (WpHG) and Article 20 of Regulation (EU) No. 596/2014 for the aforementioned analyst firm can be found at http://web.dpa-afx.de/offenlegungspflicht/offenlegungs_pflicht.html.
January 16, 2025
Bernstein lowers Pernod Ricard target to 174 euros - 'Outperform'

NEW YORK (dpa-AFX Analyst) - US analyst firm Bernstein Research has lowered its price target for Pernod Ricard from €178 to €174 and maintained its rating at "outperform." At the beginning of the year, the focus is likely to be on the question of what was responsible for the weakness at the end of 2024, analyst Trevor Stirling wrote in a study released Thursday. The expert cited a weak consumer climate in China and also pointed to import tariffs on cognac in China and the threat of import tariffs from the USA./bek/nas

Publication of the original study: January 16, 2025 / 6:20 a.m. / UTC

First distribution of the original study: January 16, 2025 / 6:20 a.m. / UTC

Note: Information on the disclosure obligation in the event of conflicts of interest within the meaning of Section 85 (1) of the German Securities Trading Act (WpHG) and Article 20 of Regulation (EU) No. 596/2014 for the aforementioned analyst firm can be found at http://web.dpa-afx.de/offenlegungspflicht/offenlegungs_pflicht.html.
December 19, 2024
Barclays lowers target for Pernod Ricard - 'Underweight'

LONDON (dpa-AFX Analyst) - British investment bank Barclays has lowered its price target for Pernod Ricard from €107 to €104 and maintained its rating at "Underweight." There are no "Christmas spirits" from the spirits group, wrote analyst Laurence Whyatt in his outlook for the half-year report published Friday. In any case, the French company's most important sales markets are not providing any pre-Christmas cheer. The customs issue haunts them "like the spirit of Christmas."/ag/ajx

Publication of the original study: December 19, 2024 / 1:35 PM / GMT

First distribution of the original study: December 20, 2024 / 4:00 AM / GMT

Note: Information on the disclosure obligation in the event of conflicts of interest within the meaning of Section 85 (1) of the German Securities Trading Act (WpHG) and Article 20 of Regulation (EU) No. 596/2014 for the aforementioned analyst firm can be found at http://web.dpa-afx.de/offenlegungspflicht/offenlegungs_pflicht.html.
December 18, 2024
Jefferies lowers target for Pernod Ricard to 155 euros - 'Buy'

NEW YORK (dpa-AFX Analyst) - Research firm Jefferies lowered its price target for Pernod Ricard from €160 to €155 ahead of second-quarter results, but maintained its "Buy" rating. In a study released Wednesday, analyst Edward Mundy expects the organic sales decline to slow to 2.6 percent compared to the previous quarter and that growth will return in the second half of the fiscal year. Such a turnaround would bring with it the opportunity for a revaluation of the stock./tih/edh

Publication of the original study: December 18, 2024 / 10:17 AM / ET

First distribution of the original study: December 18, 2024 / 10:17 AM / ET

Note: Information on the disclosure obligation in the event of conflicts of interest within the meaning of Section 85 (1) of the German Securities Trading Act (WpHG) and Article 20 of Regulation (EU) No. 596/2014 for the aforementioned analyst firm can be found at http://web.dpa-afx.de/offenlegungspflicht/offenlegungs_pflicht.html.
December 18, 2024
UBS lowers target for Pernod Ricard to 118 euros - 'Neutral'

ZURICH (dpa-AFX Analyst) - Swiss bank UBS has lowered its price target for Pernod Ricard from EUR 122 to EUR 118 ahead of the second-quarter results expected on February 13. The rating was left at "neutral." The spirits group's organic growth likely weakened by 2.9 percent, thus performing worse than market expectations, wrote analyst Sanjeet Aujla in an outlook released Wednesday./edh/ck

Publication of the original study: December 18, 2024 / 12:43 / GMT

First distribution of the original study: December 18, 2024 / 12:43 / GMT

Note: Information on the disclosure obligation in the event of conflicts of interest within the meaning of Section 85 (1) of the German Securities Trading Act (WpHG) and Article 20 of Regulation (EU) No. 596/2014 for the aforementioned analyst firm can be found at http://web.dpa-afx.de/offenlegungspflicht/offenlegungs_pflicht.html.
December 17, 2024
Jefferies counts Pernod Ricard among its favorites for 2025

NEW YORK (dpa-AFX Analyser) - The analyst firm Jefferies presented its European favorites for 2025 on Tuesday. The recommendation list of the experts led by Raj Jilka also includes Pernod Ricard <FR0000120693>, which is rated "Buy" with a price target of 160 euros. They fall under the topic of "Cyclic Recovery," as Jefferies experts do not expect a hard landing for global growth, but rather a better year./ag/edh

Publication of the original study: December 17, 2024 / 8:47 a.m. / ET

First distribution of the original study: December 17, 2024 / 12:00 p.m. / ET

Note: Information on the disclosure obligation for conflicts of interest within the meaning of Section 85 (1) of the German Securities Trading Act (WpHG) and Article 20 of Regulation (EU) No. 596/2014 for the aforementioned analyst firm can be found at http://web.dpa-afx.de/offenlegungspflicht/offenlegungs_pflicht.html.
December 11, 2024
UBS lowers target for Pernod Ricard to 122 euros - 'Neutral'

ZURICH (dpa-AFX Analyser) - The Swiss major bank UBS has lowered its price target for Pernod Ricard from 138 to 122 euros, but left the rating at "neutral". For the spirits manufacturer's capital market story to continue to work well, investors would likely need to gain more confidence in category growth and market share trends in the US and China, wrote analyst Sanjeet Aujla in an assessment released Wednesday./ajx/nas

Publication of the original study: December 11, 2024 / 00:09 / GMT

First distribution of the original study: December 11, 2024 / 00:09 / GMT

Note: Information on the disclosure obligation in the event of conflicts of interest within the meaning of Section 85 (1) of the German Securities Trading Act (WpHG) and Article 20 of Regulation (EU) No. 596/2014 for the aforementioned analyst firm can be found at http://web.dpa-afx.de/offenlegungspflicht/offenlegungs_pflicht.html.
December 4, 2024
Deutsche Bank upgrades Pernod Ricard to 'Hold' - target at 104 euros

FRANKFURT (dpa-AFX Analyst) - Deutsche Bank Research has upgraded Pernod Ricard from "sell" to "hold" and raised its price target from €102 to €104. After a difficult 2024 and in light of overly optimistic consensus estimates for 2025, it is crucial to select carefully among European beverage producers' stocks, wrote analyst Mitch Collett in an industry outlook published Wednesday. He remains cautious on spirits producers, is becoming more selective on beer, and continues to view soft drink manufacturers positively. Carlsberg, Coca-Cola Hellenic, and Coca-Cola Europacific Partners are his preferred stocks. He considers Diageo and Remy Cointreau, on the other hand, to be the least attractive./gl/tav/stk

Publication of the original study: December 4, 2024 / 7:54 a.m. / CET. First distribution of the original study: Date not specified in the study / Time not specified in the study / CET

Note: Information on the disclosure obligation in the event of conflicts of interest within the meaning of Section 85 (1) of the German Securities Trading Act (WpHG) and Article 20 of Regulation (EU) No. 596/2014 for the aforementioned analyst firm can be found at http://web.dpa-afx.de/offenlegungspflicht/offenlegungs_pflicht.html.
November 27, 2024
JPMorgan lowers target for Pernod Ricard to 120 euros - 'Neutral'

NEW YORK (dpa-AFX Analyst) - US bank JPMorgan lowered its price target for Pernod Ricard from €140 to €120, but maintained its rating at "Neutral." Analyst Celine Pannuti highlighted the overall attractive total share price return (TSR) in her 2025 outlook for the consumer goods sector published on Wednesday. She is particularly optimistic about tobacco stocks, soft drink manufacturers and breweries, and personal consumer durables (HPC) companies. Pannuti is rather skeptical of alcoholic beverage and food manufacturers and is also rather selective when it comes to food additives./ag/zb

Publication of the original study: November 27, 2024 / 00:52 / GMT

First distribution of the original study: November 27, 2024 / 00:58 / GMT

Note: Information on the disclosure obligation in the event of conflicts of interest within the meaning of Section 85 (1) of the German Securities Trading Act (WpHG) and Article 20 of Regulation (EU) No. 596/2014 for the aforementioned analyst firm can be found at http://web.dpa-afx.de/offenlegungspflicht/offenlegungs_pflicht.html.
November 13, 2024
UBS maintains Pernod Ricard at 'Neutral' - Target 138 euros

ZURICH (dpa-AFX Analyst) - Following a UBS industry conference, Swiss bank UBS maintained its rating for Pernod Ricard at "Neutral" with a price target of €138. Analyst Sanjeet Aujla wrote in a report released Thursday that there are more headwinds than tailwinds for the spirits producer. However, the company is working to counteract this, for example with product launches in the US and other measures.

Publication of the original study: November 13, 2024 / 9:48 PM / GMT

First distribution of the original study: November 13, 2024 / 9:48 PM / GMT

Note: Information on the disclosure obligation in the event of conflicts of interest within the meaning of Section 85 (1) of the German Securities Trading Act (WpHG) and Article 20 of Regulation (EU) No. 596/2014 for the aforementioned analyst firm can be found at http://web.dpa-afx.de/offenlegungspflicht/offenlegungs_pflicht.html.
October 18, 2024
RBC maintains Pernod Ricard at 'Sector Perform' - Target 140 euros

NEW YORK (dpa-AFX Analyser) - The Canadian bank RBC has maintained its rating for Pernod Ricard at "Sector Perform" with a price target of 140 euros following an interim report. In light of the somewhat weaker-than-expected business performance, analyst James Edwardes Jones wrote in a study released Friday that he has slightly reduced his growth expectations for the spirits manufacturer./mis/jha/

Publication of the original study: October 18, 2024 / 2:29 a.m. / EDT

First distribution of the original study: October 18, 2024 / 2:29 a.m. / EDT

Note: Information on the disclosure obligation in the event of conflicts of interest within the meaning of Section 85 (1) of the German Securities Trading Act (WpHG) and Article 20 of Regulation (EU) No. 596/2014 for the aforementioned analyst firm can be found at http://web.dpa-afx.de/offenlegungspflicht/offenlegungs_pflicht.html.
October 18, 2024
Goldman maintains Pernod Ricard at 'Buy' - target 155 euros

NEW YORK (dpa-AFX Analyst) - US investment bank Goldman Sachs has maintained its "Buy" rating for Pernod Ricard with a price target of €155 following an interim report. The spirits group's first fiscal quarter was weak, wrote analyst Olivier Nicolai in a study released Friday. However, the shares are attractively valued, even if short-term business performance is difficult to assess./mis/edh

Publication of the original study: October 18, 2024 / 5:02 a.m. / BST

First distribution of the original study: Date not specified in study / Time not specified in study / Time zone not specified in study

Note: Information on the disclosure obligation in the event of conflicts of interest within the meaning of Section 85 (1) of the German Securities Trading Act (WpHG) and Article 20 of Regulation (EU) No. 596/2014 for the aforementioned analyst firm can be found at http://web.dpa-afx.de/offenlegungspflicht/offenlegungs_pflicht.html.
October 18, 2024
Deutsche Bank lowers target for Pernod Ricard to 102 euros - 'Sell'

FRANKFURT (dpa-AFX Analyser) - Deutsche Bank Research has lowered its price target for Pernod Ricard from 106 to 102 euros following sales figures for the first fiscal quarter and left the rating at "Sell". The spirits group's revenues were weak despite lower previous year figures and lowered expectations beforehand, wrote analyst Mitch Collett in a study published Friday./edh/mis

Publication of the original study: October 18, 2024 / Time not specified in the study / CET

First distribution of the original study: October 18, 2024 / 08:08 / CET

Note: Information on the disclosure obligation in the event of conflicts of interest within the meaning of Section 85 (1) of the German Securities Trading Act (WpHG) and Article 20 of Regulation (EU) No. 596/2014 for the aforementioned analyst firm can be found at http://web.dpa-afx.de/offenlegungspflicht/offenlegungs_pflicht.html.
October 17, 2024
Deutsche Bank maintains Pernod Ricard at 'Sell' - target 106 euros

FRANKFURT (dpa-AFX Analyser) - Deutsche Bank Research has maintained its rating for Pernod Ricard at "Sell" with a price target of 106 euros following the company's business figures. Organic growth in the first fiscal quarter missed the consensus estimate, wrote analyst Mitch Collett in a study released Thursday, weighed down by the spirits manufacturer's business in Asia./bek/mis

Publication of the original study: October 17, 2024 / Time not specified in the study / CET

First distribution of the original study: October 17, 2024 / 06:58 / CET

Note: Information on the disclosure obligation in the event of conflicts of interest within the meaning of Section 85 (1) of the German Securities Trading Act (WpHG) and Article 20 of Regulation (EU) No. 596/2014 for the aforementioned analyst firm can be found at http://web.dpa-afx.de/offenlegungspflicht/offenlegungs_pflicht.html.
October 17, 2024
UBS maintains Pernod Ricard at 'Neutral' - Target 138 euros

ZURICH (dpa-AFX Analyst) - Swiss bank UBS has maintained its rating for Pernod Ricard at "Neutral" with a price target of €138. Analyst Sanjeet Aujla wrote in a study released Friday that the spirits company's sales development remains difficult to predict. Efforts to stabilize margins are positive. The stock's valuation is currently slightly below average./mf/edh

Publication of the original study: October 17, 2024 / 8:28 PM / GMT

First distribution of the original study: October 17, 2024 / 8:28 PM / GMT

Note: Information on the disclosure obligation in the event of conflicts of interest within the meaning of Section 85 (1) of the German Securities Trading Act (WpHG) and Article 20 of Regulation (EU) No. 596/2014 for the aforementioned analyst firm can be found at http://web.dpa-afx.de/offenlegungspflicht/offenlegungs_pflicht.html.
October 17, 2024
Jefferies maintains Pernod Ricard at 'Buy' - target 160 euros

NEW YORK (dpa-AFX Analyst) - Following its quarterly results, analyst Jefferies has maintained its "Buy" rating for Pernod Ricard with a price target of €160. The spirits group's organic sales growth has slowed significantly more than feared, wrote analyst Edward Mundy in an initial reaction released Thursday./edh/ajx

Publication of the original study: October 17, 2024 / 2:03 a.m. / ET

First distribution of the original study: October 17, 2024 / 2:03 a.m. / ET

Note: Information on the disclosure obligation for conflicts of interest within the meaning of Section 85 (1) of the German Securities Trading Act (WpHG), Article 20 of Regulation (EU) No. 596/2014 for the aforementioned analyst firm can be found at http://web.dpa-afx.de/offenlegungspflicht/offenlegungs_pflicht.html.
October 17, 2024
Goldman maintains Pernod Ricard at 'Buy' - target 155 euros

NEW YORK (dpa-AFX Analyst) - The US investment bank Goldman Sachs has maintained its rating for Pernod Ricard at "Buy" with a price target of 155 euros following the quarterly figures. Due to weaknesses in the Chinese sales market and in Asian travel, the spirits manufacturer's sales fell short of expectations, wrote analyst Olivier Nicolai in an initial response released Thursday./bek/mis

Publication of the original study: October 17, 2024 / 7:19 a.m. / BST

First distribution of the original study: October 17, 2024 / Time not specified in study / Time zone not specified in study

Note: Information on the disclosure obligation in the event of conflicts of interest within the meaning of Section 85 (1) of the German Securities Trading Act (WpHG) and Article 20 of Regulation (EU) No. 596/2014 for the aforementioned analyst firm can be found at http://web.dpa-afx.de/offenlegungspflicht/offenlegungs_pflicht.html.
October 17, 2024
UBS maintains Pernod Ricard at 'Neutral' - Target 138 euros

ZURICH (dpa-AFX Analyst) - Swiss bank UBS has maintained its rating for Pernod Ricard at "Neutral" after its financial results, with a price target of €138. The decline in sales excluding acquisitions and takeovers was more pronounced than expected, wrote analyst Sanjeet Aujla in an initial reaction on Thursday. Due to the weakness in Asia, expectations for the spirits manufacturer have recently declined./bek/mis

Publication of the original study: October 17, 2024 / 05:51 / GMT

First distribution of the original study: October 17, 2024 / 05:51 / GMT

Note: Information on the disclosure obligation in the event of conflicts of interest within the meaning of Section 85 (1) of the German Securities Trading Act (WpHG) and Article 20 of Regulation (EU) No. 596/2014 for the aforementioned analyst firm can be found at http://web.dpa-afx.de/offenlegungspflicht/offenlegungs_pflicht.html.
October 17, 2024
RBC maintains Pernod Ricard at 'Sector Perform' - Target 140 euros

NEW YORK (dpa-AFX Analyst) - Canadian bank RBC has maintained its rating for Pernod Ricard at "Sector Perform" with a price target of €140 following the company's earnings release. Business was somewhat weaker than expected in the first fiscal quarter, analyst James Edwardes Jones wrote in an initial assessment on Thursday./bek/mis

Publication of the original study: October 17, 2024 / 2:14 a.m. / EDT

First distribution of the original study: October 17, 2024 / 2:14 a.m. / EDT

Note: Information on the disclosure obligation for conflicts of interest within the meaning of Section 85 (1) of the German Securities Trading Act (WpHG), Article 20 of Regulation (EU) No. 596/2014 for the aforementioned analyst firm can be found at http://web.dpa-afx.de/offenlegungspflicht/offenlegungs_pflicht.html.
October 8, 2024
Jefferies maintains Pernod Ricard at 'Buy' - target 160 euros

NEW YORK (dpa-AFX Analyst) - The analyst firm Jefferies has maintained its rating for Pernod Ricard at "Buy" with a price target of €160. Market expectations for the spirits manufacturer's first fiscal quarter of 2025 appear reasonable, wrote analyst Edward Mundy in a report released Tuesday./mis/ck

Publication of the original report: October 8, 2024 / 10:05 a.m. / ET

First distribution of the original report: October 8, 2024 / 10:05 a.m. / ET

Note: Information on the disclosure obligation for conflicts of interest within the meaning of Section 85 (1) of the German Securities Trading Act (WpHG) and Article 20 of Regulation (EU) No. 596/2014 for the aforementioned analyst firm can be found at http://web.dpa-afx.de/offenlegungspflicht/offenlegungs_pflicht.html.
October 3, 2024
Bernstein raises target for Pernod Ricard to 178 euros - 'Outperform'

NEW YORK (dpa-AFX Analyst) - US analyst firm Bernstein Research has raised its price target for Pernod Ricard from €176 to €178 and maintained its rating at "Outperform." According to his industry commentary released Friday, analyst Trevor Stirling continues to see enormous valuation potential for European beer brewers and spirits producers. "Some are already ready to drink, others still need to mature in the cellar," he wrote. In the short term, he sees breweries at an advantage./ag/tih

Publication of the original study: October 3, 2024 / 11:00 PM / UTC

First distribution of the original study: October 4, 2024 / 5:00 AM / UTC

Note: Information on the disclosure obligation in the event of conflicts of interest within the meaning of Section 85 (1) of the German Securities Trading Act (WpHG) and Article 20 of Regulation (EU) No. 596/2014 for the aforementioned analyst firm can be found at http://web.dpa-afx.de/offenlegungspflicht/offenlegungs_pflicht.html.
October 1, 2024
Deutsche Bank Research maintains Pernod Ricard at 'Sell'

FRANKFURT (dpa-AFX Analyst) - Deutsche Bank Research has maintained its rating for Pernod Ricard at "Sell" with a price target of €106. Analyst Mitch Collett expects a decline of 4.9 percent in his outlook for sales figures for the first fiscal quarter, released Tuesday. The French company is unlikely to specify targets for the full year./ag/gl

Publication of the original study: October 1, 2024 / Time not specified in study / CET First distribution of the original study: October 1, 2024 / 8:13 a.m. / CET

Note: Information on the disclosure obligation in the event of conflicts of interest within the meaning of Section 85 (1) of the German Securities Trading Act (WpHG), Article 20 of Regulation (EU) No. 596/2014 for the aforementioned analyst firm can be found at http://web.dpa-afx.de/offenlegungspflicht/offenlegungs_pflicht.html.
September 30, 2024
Goldman maintains Pernod Ricard at 'Buy' - target 155 euros

NEW YORK (dpa-AFX Analyst) - US investment bank Goldman Sachs has maintained its "Buy" rating for Pernod Ricard with a price target of €155. The spirits manufacturer's first-quarter sales figures, due in mid-October, are likely to be weak due to business developments in the US and China, analyst Olivier Nicolai wrote in a report released Monday. Due to the attractive valuation, the recommendation to buy remains unchanged./ajx/la

Publication of the original study: September 30, 2024 / 3:58 PM / BST First distribution of the original study: Date not specified in study / Time not specified in study / Time zone not specified in study

Note: Information on the disclosure obligation in the event of conflicts of interest within the meaning of Section 85 (1) of the German Securities Trading Act (WpHG) and Article 20 of Regulation (EU) No. 596/2014 for the aforementioned analyst firm can be found at http://web.dpa-afx.de/offenlegungspflicht/offenlegungs_pflicht.html.
September 30, 2024
UBS maintains Pernod Ricard at 'Neutral' - Target 138 euros

ZURICH (dpa-AFX Analyst) - Swiss bank UBS has maintained its rating for Pernod Ricard at "Neutral" with a price target of €138 ahead of first-quarter sales figures. Although the French spirits producer had already announced weak results a month ago, its estimates are below market expectations, analyst Sanjeet Aujla wrote in a report released Monday. There are downside risks in all regions./la/ajx

Publication of the original study: September 30, 2024 / 12:50 / GMT

First distribution of the original study: September 30, 2024 / 12:50 / GMT

Note: Information on the disclosure obligation in the event of conflicts of interest within the meaning of Section 85 (1) of the German Securities Trading Act (WpHG) and Article 20 of Regulation (EU) No. 596/2014 for the aforementioned analyst firm can be found at http://web.dpa-afx.de/offenlegungspflicht/offenlegungs_pflicht.html.
September 9, 2024
Deutsche Bank Research downgrades Pernod Ricard to 'Sell'

FRANKFURT (dpa-AFX Analyst) - Deutsche Bank Research has downgraded Pernod Ricard from "Hold" to "Sell" and lowered its price target from €120 to €106. Alcohol consumption among young people has declined in the US, wrote analyst Mitch Collett in his commentary on spirits manufacturers published on Monday. However, this initially appears to be only a US trend. Collett, however, prefers soft drink and beer producers. He does not expect spirits producers in the US business to return to the growth rates of 2000 to 2019./ag/la

Publication of the original study: September 9, 2024 / Time not specified in the study / CET

First distribution of the original study: September 9, 2024 / 8:10 a.m. / CET

Note: Information on the disclosure obligation in the event of conflicts of interest within the meaning of Section 85 (1) of the German Securities Trading Act (WpHG) and Article 20 of Regulation (EU) No. 596/2014 for the aforementioned analyst firm can be found at http://web.dpa-afx.de/offenlegungspflicht/offenlegungs_pflicht.html.
September 5, 2024
UBS maintains Pernod Ricard at 'Neutral' - Target 138 euros

ZURICH (dpa-AFX Analyst) - Swiss bank UBS has maintained a "neutral" rating on Pernod Ricard with a price target of €138. With the potential sale of the Indian whisky brand Imperial Blue, the spirits manufacturer would be rid of a significant obstacle to growth and margins, analyst Sanjeet Aujla wrote in a study published Thursday. Competition has intensified in this price segment. The exit would free up resources for faster-growing and more profitable investments.

Publication of the original study: September 5, 2024 / 6:12 a.m. / GMT

First distribution of the original study: September 5, 2024 / 6:12 a.m. / GMT

Note: Information on the disclosure obligation in the event of conflicts of interest within the meaning of Section 85 (1) of the German Securities Trading Act (WpHG) and Article 20 of Regulation (EU) No. 596/2014 for the aforementioned analyst firm can be found at http://web.dpa-afx.de/offenlegungspflicht/offenlegungs_pflicht.html.
August 30, 2024
Bernstein lowers Pernod Ricard target to 176 euros - 'Outperform'

NEW YORK (dpa-AFX Analyst) - US analyst firm Bernstein Research lowered its price target for Pernod Ricard from €195 to €176 following the release of its fiscal year figures, but maintained its rating at "Outperform." Despite a cautiously optimistic tone, analyst Trevor Stirling cut his earnings per share estimate for 2025 and 2026 in a report released Friday. He justified this with negative exchange rate, tax, and interest rate effects, as well as slightly lower expectations for organic sales growth. Contrary to the short-term outlook, he remains optimistic about the stock in the long term. After another challenging quarter, a return to growth should be possible./tih/gl

Publication of the original study: August 30, 2024 / 5:52 a.m. / UTC First distribution of the original study: August 30, 2024 / 5:52 a.m. / UTC

Note: Information on the disclosure obligation in the event of conflicts of interest within the meaning of Section 85 (1) of the German Securities Trading Act (WpHG) and Article 20 of Regulation (EU) No. 596/2014 for the aforementioned analyst firm can be found at http://web.dpa-afx.de/offenlegungspflicht/offenlegungs_pflicht.html.
August 30, 2024
RBC lowers target for Pernod Ricard to 140 euros - 'Sector Perform'

NEW YORK (dpa-AFX Analyst) - Canadian bank RBC has lowered its price target for Pernod Ricard from €160 to €140 and maintained its rating at "Sector Perform." Analyst James Edwardes Jones criticized management's commitment to its medium-term financial model and continued targeting the upper end of its organic sales growth range and its margin improvement target in a report released Friday, saying it is inconsistent with recent and foreseeable business performance. It also requires the spirits producer to make significant investments in fixed and working capital, which would reduce cash generation. Despite the clearly below-average price performance, he cannot therefore offer a more positive assessment of the stock./gl/mis

Publication of the original study: August 30, 2024 / 4:39 a.m. / EDT First distribution of the original study: August 30, 2024 / 4:39 a.m. / EDT

Note: Information on the disclosure obligation in the event of conflicts of interest within the meaning of Section 85 (1) of the German Securities Trading Act (WpHG) and Article 20 of Regulation (EU) No. 596/2014 for the aforementioned analyst firm can be found at http://web.dpa-afx.de/offenlegungspflicht/offenlegungs_pflicht.html.
August 30, 2024
Deutsche Bank lowers target for Pernod Ricard to 120 euros - 'Hold'

FRANKFURT (dpa-AFX Analyst) - Deutsche Bank Research has lowered its price target for Pernod Ricard from 127 to 120 euros and maintained its "Hold" rating. The spirits manufacturer's sales performance in the final quarter of the last fiscal year missed the consensus estimate, analyst Mitch Collett wrote in a study released Friday. In addition, the outlook for the new fiscal year suggests declining consensus estimates./gl/mis

Publication of the original study: August 30, 2024 / 8:23 a.m. / CET. First distribution of the original study: Date not specified in study / Time not specified in study / CET

Note: Information on the disclosure obligation in the event of conflicts of interest within the meaning of Section 85 (1) of the German Securities Trading Act (WpHG) and Article 20 of Regulation (EU) No. 596/2014 for the aforementioned analyst firm can be found at http://web.dpa-afx.de/offenlegungspflicht/offenlegungs_pflicht.html.
August 30, 2024
Goldman lowers target for Pernod Ricard to 155 euros - 'Buy'

NEW YORK (dpa-AFX Analyst) - US investment bank Goldman Sachs has lowered its price target for Pernod Ricard from €160 to €155, but maintained its "Buy" rating. The spirits manufacturer expects a weak first quarter of 2025 due to the ongoing economic weakness in China and further inventory reductions in the US, analyst Olivier Nicolai wrote in a report released Friday. However, the bank expects a gradual improvement in the US and solid growth in Europe and India over the rest of the year. The lower cash generation is a concern, but the medium-term investment backdrop remains intact./gl/mis

Publication of the original study: August 30, 2024 / 2:20 a.m. / BST First distribution of the original study: Date not specified in study / Time not specified in study / Time zone not specified in study

Note: Information on the disclosure obligation in the event of conflicts of interest within the meaning of Section 85 (1) of the German Securities Trading Act (WpHG) and Article 20 of Regulation (EU) No. 596/2014 for the aforementioned analyst firm can be found at http://web.dpa-afx.de/offenlegungspflicht/offenlegungs_pflicht.html.
August 29, 2024
RBC maintains Pernod Ricard's 'Sector Perform' rating after sales figures

NEW YORK (dpa-AFX Analyser) - The Canadian bank RBC has maintained its rating for Pernod Ricard at "Sector Perform" with a price target of 160 euros following sales figures for the fourth fiscal quarter. The spirits manufacturer's figures were in line with consensus estimates, wrote analyst James Edwardes Jones in a quick assessment released Thursday./ck/mis

Publication of the original study: August 29, 2024 / 2:22 a.m. / EDT

First distribution of the original study: August 29, 2024 / 2:22 a.m. / EDT

Note: Information on the disclosure obligation in the event of conflicts of interest within the meaning of Section 85 (1) of the German Securities Trading Act (WpHG) and Article 20 of Regulation (EU) No. 596/2014 for the aforementioned analyst firm can be found at http://web.dpa-afx.de/offenlegungspflicht/offenlegungs_pflicht.html.
August 29, 2024
Goldman maintains Pernod Ricard at 'Buy' - target 160 euros

NEW YORK (dpa-AFX Analyst) - US investment bank Goldman Sachs has maintained its "Buy" rating for Pernod Ricard after the company's earnings release, with a price target of €160. Analyst Olivier Nicolai, in a study released Thursday, sees some relief in the fact that the spirits group's fiscal year figures met expectations. He also noted that the outlook for the Chinese business remains cautious, as expected. Regarding the shares, he emphasized their attractive valuation.

Publication of the original study: August 29, 2024 / 7:27 a.m. / BST First distribution of the original study: Date not specified in study / Time not specified in study / Time zone not specified in study

Note: Information on the disclosure obligation in the event of conflicts of interest within the meaning of Section 85 (1) of the German Securities Trading Act (WpHG) and Article 20 of Regulation (EU) No. 596/2014 for the aforementioned analyst firm can be found at http://web.dpa-afx.de/offenlegungspflicht/offenlegungs_pflicht.html.
August 29, 2024
UBS maintains Pernod Ricard at 'Neutral' - Target 138 euros

ZURICH (dpa-AFX Analyst) - Swiss bank UBS has maintained its rating for Pernod Ricard at "Neutral" with a price target of €138 following sales figures for the fourth fiscal quarter. The spirits manufacturer's organic sales growth largely met expectations, wrote analyst Sanjeet Aujla in a study released Thursday. The cautious outlook for the first fiscal quarter and the full year 2024/25 is not a big surprise given the continued weakness of the industry in the US and China, as well as further inventory adjustments./ck/gl

Publication of the original study: August 29, 2024 / 6:04 a.m. / GMT First distribution of the original study: August 29, 2024 / 6:04 a.m. / GMT

Note: Information on the disclosure obligation in the event of conflicts of interest within the meaning of Section 85 (1) of the German Securities Trading Act (WpHG) and Article 20 of Regulation (EU) No. 596/2014 for the aforementioned analyst firm can be found at http://web.dpa-afx.de/offenlegungspflicht/offenlegungs_pflicht.html.
August 29, 2024
Bernstein leaves Pernod Ricard on 'outperform' after sales figures

NEW YORK (dpa-AFX Analyst) - US analyst firm Bernstein Research has maintained its rating for Pernod Ricard at "Outperform" with a price target of €195 following fourth-quarter sales figures. The spirits manufacturer ended a disappointing year with a solid fourth quarter, analyst Alexander Irving wrote in a quick assessment released Thursday. Reported sales largely met expectations. However, the outlook for a return to growth in the new 2024/25 fiscal year was cautious./ck/gl

Publication of the original study: August 29, 2024 / 6:29 a.m. / UTC First distribution of the original study: August 29, 2024 / 6:29 a.m. / UTC

Note: Information on the disclosure obligation in the event of conflicts of interest within the meaning of Section 85 (1) of the German Securities Trading Act (WpHG) and Article 20 of Regulation (EU) No. 596/2014 for the aforementioned analyst firm can be found at http://web.dpa-afx.de/offenlegungspflicht/offenlegungs_pflicht.html.
August 29, 2024
Jefferies maintains Pernod Ricard 'Buy' after sales figures

NEW YORK (dpa-AFX Analyst) - Following sales figures for the fourth fiscal quarter, analyst Jefferies has maintained a "Buy" rating on Pernod Ricard with a price target of €160. The spirits manufacturer has forecast a return to growth for the new 2024/25 fiscal year, but without any significant improvement in operating margins, analyst Edward Mundy wrote in a report released Thursday. That the commentary on the first fiscal quarter is negative should come as no surprise. If the market becomes more confident about the annual outlook in light of the upcoming conference call, shares could jump./ck/gl

Publication of the original study: August 29, 2024 / 1:54 AM / ET. First distribution of the original study: August 29, 2024 / 1:54 AM / ET.

Note: Information on the disclosure obligation in the event of conflicts of interest within the meaning of Section 85 (1) of the German Securities Trading Act (WpHG) and Article 20 of Regulation (EU) No. 596/2014 for the aforementioned analyst firm can be found at http://web.dpa-afx.de/offenlegungspflicht/offenlegungs_pflicht.html.
August 29, 2024
JPMorgan leaves Pernod Ricard at 'Neutral' - Target 140 euros

NEW YORK (dpa-AFX Analyst) - US bank JPMorgan has maintained a "neutral" rating on Pernod Ricard with a price target of €140. Analyst Celine Pannuti adjusted her valuation model on Thursday evening based on the company's full-year results and the subsequent conference call. The spirits manufacturer struck a cautious tone there but confirmed confidence in its medium-term prospects. The new fiscal year is likely to get off to a weak start and is again difficult to forecast./gl/ag

Publication of the original study: August 29, 2024 / 9:43 PM / BST First distribution of the original study: August 30, 2024 / 12:15 AM / BST

Note: Information on the disclosure obligation in the event of conflicts of interest within the meaning of Section 85 (1) of the German Securities Trading Act (WpHG) and Article 20 of Regulation (EU) No. 596/2014 for the aforementioned analyst firm can be found at http://web.dpa-afx.de/offenlegungspflicht/offenlegungs_pflicht.html.
August 22, 2024
Jefferies maintains Pernod Ricard at 'Buy' - target 160 euros

NEW YORK (dpa-AFX Analyst) - The analyst firm Jefferies has maintained its rating for Pernod Ricard at "Buy" with a price target of €160. The spirits manufacturer's US growth continues to lag behind its historical average, wrote analyst Edward Mundy in an industry report released Thursday. This was shown by figures for US sales in the four weeks up to August 4th./mf/bek

Publication of the original study: August 22, 2024 / 3:50 a.m. / ET

First distribution of the original study: August 22, 2024 / 3:50 a.m. / ET

Note: Information on the disclosure obligation in the event of conflicts of interest within the meaning of Section 85 (1) of the German Securities Trading Act (WpHG) and Article 20 of Regulation (EU) No. 596/2014 for the aforementioned analyst firm can be found at http://web.dpa-afx.de/offenlegungspflicht/offenlegungs_pflicht.html.

Price targets

Analyst ratings

UBS lowers target for Pernod Ricard to 87 euros - 'Neutral'

Jefferies maintains Pernod Ricard at 'Buy' - target 125 euros

Berenberg maintains Pernod Ricard at 'Buy' - target 114 euros

RBC maintains Pernod Ricard at 'Sector Perform' - target 110 euros

Bernstein maintains Pernod Ricard at 'Outperform' - Target 133 euros

Bernstein lowers Pernod Ricard target to 133 euros - 'Outperform'

Berenberg maintains Pernod Ricard at 'Buy' - target 114 euros

JPMorgan leaves Pernod Ricard at 'Neutral' - Target 120 euros

Jefferies raises target for Pernod Ricard to 130 euros - 'Buy'

Bernstein maintains Pernod Ricard at 'Outperform' - Target 138 euros

JPMorgan leaves Pernod Ricard at 'Neutral' - Target 120 euros

RBC lowers target for Pernod Ricard to 110 euros - 'Sector Perform'

UBS maintains Pernod Ricard at 'Neutral' - target 100 euros

RBC maintains Pernod Ricard at 'Sector Perform' - Target 120 euros

Jefferies maintains Pernod Ricard at 'Buy' - target 120 euros

UBS raises target for Pernod Ricard to 100 euros - 'Neutral'

Bernstein maintains Pernod Ricard at 'Outperform' - Target 138 euros

Barclays raises target for Pernod Ricard to 111 euros

Goldman lowers target for Pernod Ricard to 110 euros - 'Buy'

Bernstein lowers Pernod Ricard target to 148 euros - 'Outperform'

JPMorgan leaves Pernod Ricard at 'Neutral' - Target 120 euros

Jefferies maintains Pernod Ricard at 'Buy' - target 120 euros

UBS lowers target for Pernod Ricard to 92 euros - 'Neutral'

Bernstein maintains Pernod Ricard at 'Outperform' - Target 157 euros

UBS maintains Pernod Ricard at 'Neutral' - Target 97 euros

UBS maintains Pernod Ricard at 'Neutral' - Target 97 euros

UBS maintains Pernod Ricard at 'Neutral' - Target 97 euros

Bernstein raises target for Pernod Ricard to 157 euros - 'Outperform'

Bernstein lowers Pernod Ricard target to 137 euros - 'Outperform'

Barclays raises Pernod Ricard to 'Equal Weight' - target 97 euros

UBS lowers target for Pernod Ricard to 97 euros - 'Neutral'

Bernstein maintains Pernod Ricard at 'Outperform' - Target 143 euros

Jefferies maintains Pernod Ricard at 'Buy' - target 140 euros

UBS maintains Pernod Ricard at 'Neutral' - Target 101 euros

RBC maintains Pernod Ricard at 'Sector Perform' - Target 120 euros

Barclays raises target for Pernod Ricard to 94 euros - 'Underweight'

Goldman lowers target for Pernod Ricard to 120 euros - 'Buy'

UBS maintains Pernod Ricard at 'Neutral' - Target 101 euros

Berenberg starts Pernod Ricard with 'Buy' - target 114 euros

Deutsche Bank lowers target for Pernod Ricard to 97 euros - 'Hold'

UBS lowers target for Pernod Ricard to 101 euros - 'Neutral'

JPMorgan leaves Pernod Ricard at 'Neutral' - Target 120 euros

Bernstein maintains Pernod Ricard at 'Outperform' - Target 164 euros

JPMorgan leaves Pernod Ricard at 'Neutral' - Target 120 euros

Jefferies lowers target for Pernod Ricard to 140 euros - 'Buy'

Goldman maintains Pernod Ricard at 'Buy' - target 140 euros

Deutsche Bank lowers target for Pernod Ricard to 103 euros - 'Hold'

JPMorgan leaves Pernod Ricard at 'Neutral' - Target 120 euros

Bernstein lowers target for Pernod Ricard - 'Outperform'

RBC maintains Pernod Ricard at 'Sector Perform' - Target 140 euros

Goldman maintains Pernod Ricard at 'Buy' - target 140 euros

UBS maintains Pernod Ricard at 'Neutral' - Target 118 euros

Jefferies maintains Pernod Ricard at 'Buy' - target 155 euros

Bernstein lowers Pernod Ricard target to 174 euros - 'Outperform'

Barclays lowers target for Pernod Ricard - 'Underweight'

Jefferies lowers target for Pernod Ricard to 155 euros - 'Buy'

UBS lowers target for Pernod Ricard to 118 euros - 'Neutral'

Jefferies counts Pernod Ricard among its favorites for 2025

UBS lowers target for Pernod Ricard to 122 euros - 'Neutral'

Deutsche Bank upgrades Pernod Ricard to 'Hold' - target at 104 euros

JPMorgan lowers target for Pernod Ricard to 120 euros - 'Neutral'

UBS maintains Pernod Ricard at 'Neutral' - Target 138 euros

RBC maintains Pernod Ricard at 'Sector Perform' - Target 140 euros

Goldman maintains Pernod Ricard at 'Buy' - target 155 euros

Deutsche Bank lowers target for Pernod Ricard to 102 euros - 'Sell'

Deutsche Bank maintains Pernod Ricard at 'Sell' - target 106 euros

UBS maintains Pernod Ricard at 'Neutral' - Target 138 euros

Jefferies maintains Pernod Ricard at 'Buy' - target 160 euros

Goldman maintains Pernod Ricard at 'Buy' - target 155 euros

UBS maintains Pernod Ricard at 'Neutral' - Target 138 euros

RBC maintains Pernod Ricard at 'Sector Perform' - Target 140 euros

Jefferies maintains Pernod Ricard at 'Buy' - target 160 euros

Bernstein raises target for Pernod Ricard to 178 euros - 'Outperform'

Deutsche Bank Research maintains Pernod Ricard at 'Sell'

Goldman maintains Pernod Ricard at 'Buy' - target 155 euros

UBS maintains Pernod Ricard at 'Neutral' - Target 138 euros

Deutsche Bank Research downgrades Pernod Ricard to 'Sell'

UBS maintains Pernod Ricard at 'Neutral' - Target 138 euros