Pernod Ricard (PDRDY) Lifted to “Overweight” at JPMorgan Chase & Co.

Pernod Ricard (OTCMKTS:PDRDY) was upgraded by JPMorgan Chase & Co. from an “underweight” rating to an “overweight” rating in a research report issued on Tuesday, January 30th, The Fly reports.

Separately, Zacks Investment Research upgraded shares of Pernod Ricard from a “hold” rating to a “buy” rating and set a $36.00 price target on the stock in a research report on Saturday, January 13th.

Shares of Pernod Ricard (OTCMKTS:PDRDY) opened at $33.43 on Tuesday. The company has a debt-to-equity ratio of 0.53, a current ratio of 1.77 and a quick ratio of 0.52. Pernod Ricard has a 1 year low of $22.58 and a 1 year high of $33.55.

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Pernod Ricard Company Profile

Pernod Ricard SA produces and sells wines and spirits in Europe, the Americas, Asia, and internationally. The company offers liqueurs, sparkling wines, brandy, tequila, rum, vodka, bitters, gin, cognac, anise-based spirits, wine-based aperitifs, champagne, whisky, and ouzo. Its brand portfolio includes Absolut Vodka and Chivas Regal; Ballantine’s, Beefeater, Jameson, Kahlúa, Malibu, Ricard, and Havana Club; Martell Cognac, G.H.Mumm, The Glenlivet, Perrier-Jouët, and Royal Salute; and Brancott Estate, Graffigna, Campo Viejo, Jacob's Creek, and Kenwood.

The Fly

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