DAVIDE CAMPARI-/S (OTCMKTS:DVDCY) Upgraded by Jefferies Financial Group to “Buy”

Jefferies Financial Group upgraded shares of DAVIDE CAMPARI-/S (OTCMKTS:DVDCY) from a hold rating to a buy rating in a report released on Thursday morning, The Fly reports. Jefferies Financial Group also issued estimates for DAVIDE CAMPARI-/S’s FY2019 earnings at $0.26 EPS and FY2021 earnings at $0.32 EPS.

Other equities analysts have also issued research reports about the stock. ValuEngine raised shares of DAVIDE CAMPARI-/S from a sell rating to a hold rating in a report on Wednesday, November 13th. Zacks Investment Research raised shares of DAVIDE CAMPARI-/S from a sell rating to a hold rating in a report on Tuesday, December 31st. Four analysts have rated the stock with a hold rating and one has given a buy rating to the company. The stock presently has a consensus rating of Hold and an average price target of $11.00.

Shares of DAVIDE CAMPARI-/S stock traded up $0.31 on Thursday, hitting $9.60. 3,299 shares of the company traded hands, compared to its average volume of 2,122. The firm’s 50-day simple moving average is $9.04 and its 200 day simple moving average is $9.20. The company has a market cap of $10.39 billion, a P/E ratio of 38.40, a P/E/G ratio of 4.15 and a beta of 0.48. DAVIDE CAMPARI-/S has a 12-month low of $8.56 and a 12-month high of $10.35.

About DAVIDE CAMPARI-/S

Davide Campari-Milano S.p.A., together with its subsidiaries, manufactures and trades in alcoholic and non-alcoholic beverages in the Americas, Europe, the Middle East, Africa, Europe, and the Asia-Pacific. Its product portfolio includes aperitifs, vodka, whisky, tequila, rum, gin, liqueurs, sparkling and still wines, and ready to drink products under approximately 50 brands.

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