Rémy Cointreau SA (OTCMKTS:REMYY) Given Consensus Recommendation of “Hold” by Analysts

Rémy Cointreau SA (OTCMKTS:REMYY) has received an average recommendation of “Hold” from the thirteen research firms that are covering the firm, Marketbeat.com reports. Four equities research analysts have rated the stock with a sell rating, seven have assigned a hold rating and two have issued a buy rating on the company. The average 12-month target price among brokers that have issued a report on the stock in the last year is $21.44.

REMYY has been the topic of a number of recent research reports. Berenberg Bank restated a “hold” rating on shares of Rémy Cointreau in a report on Thursday, July 22nd. Deutsche Bank Aktiengesellschaft reiterated a “buy” rating on shares of Rémy Cointreau in a research note on Friday, October 8th. Morgan Stanley reiterated an “underweight” rating on shares of Rémy Cointreau in a research note on Tuesday. Zacks Investment Research upgraded shares of Rémy Cointreau from a “sell” rating to a “hold” rating in a research note on Tuesday, September 28th. Finally, Jefferies Financial Group upgraded shares of Rémy Cointreau from an “underperform” rating to a “hold” rating and set a $21.44 price objective on the stock in a research report on Monday, July 26th.

REMYY traded up $0.05 during midday trading on Friday, reaching $20.25. The company’s stock had a trading volume of 3,866 shares, compared to its average volume of 10,400. The firm has a market capitalization of $10.23 billion, a price-to-earnings ratio of 61.36 and a beta of 0.20. The company has a current ratio of 2.59, a quick ratio of 0.51 and a debt-to-equity ratio of 0.27. Rémy Cointreau has a 1 year low of $16.85 and a 1 year high of $22.57. The stock’s 50-day moving average is $20.06 and its 200-day moving average is $20.35.

The company also recently disclosed an annual dividend, which will be paid on Monday, October 18th. Stockholders of record on Tuesday, September 28th will be paid a $0.152 dividend. The ex-dividend date of this dividend is Monday, September 27th. This represents a dividend yield of 0.75%. Rémy Cointreau’s dividend payout ratio (DPR) is presently 45.45%.

Rémy Cointreau Company Profile

Rémy Cointreau SA engages in the manufacture and sale of cognac, liqueurs, and spirits. Its products include rum, brandy, scotches, and whiskies. It distributes its products under the following brands: Rémy Martin, Mount Gay, Saint Rémy, Metaxa, Cointreau, Passoa, Bruichladdich, Port Charlotte, and Octopus.

Further Reading: What does it mean to hold a stock in street name?

Analyst Recommendations for Rémy Cointreau (OTCMKTS:REMYY)

Receive News & Ratings for Rémy Cointreau Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Rémy Cointreau and related companies with MarketBeat.com's FREE daily email newsletter.