Zacks Research Upgrades Pernod Ricard (OTC:PRNDY) to “Hold”

Pernod Ricard (OTC:PRNDY) was upgraded by equities researchers at Zacks Research from a “strong sell” rating to a “hold” rating in a research note issued to investors on Tuesday,Zacks.com reports.

Several other research analysts have also recently issued reports on the stock. Barclays upgraded shares of Pernod Ricard from a “hold” rating to a “strong-buy” rating in a report on Thursday, December 11th. BNP Paribas Exane cut shares of Pernod Ricard from a “hold” rating to a “strong sell” rating in a research report on Monday, January 12th. Three investment analysts have rated the stock with a Strong Buy rating, one has assigned a Hold rating and one has given a Sell rating to the company. Based on data from MarketBeat, Pernod Ricard presently has a consensus rating of “Buy”.

Pernod Ricard Stock Performance

Shares of Pernod Ricard stock opened at $18.42 on Tuesday. The company has a quick ratio of 0.68, a current ratio of 1.84 and a debt-to-equity ratio of 0.68. Pernod Ricard has a 52-week low of $16.73 and a 52-week high of $24.13. The company has a fifty day moving average of $18.22 and a 200-day moving average of $19.52.

Pernod Ricard Company Profile

Pernod Ricard SA produces and sells wines and spirits worldwide. The company offers whiskey, vodka, gin, rum, liqueur and bitters, champagne, tequila and mezcal, and aperitif under the brands 100 Pipers, Aberlour, Absolut, Absolut Elyx, Altos, ARARAT, Augier, Avion, Ballantine's, Becherovka, Beefeater, Blenders Pride, Brancott Estate, Campo Viejo, Ceder's, Chivas, Church Road, Clan Campbell, Del Maguey, George Wyndham, Green Spot, Havana Club, Imperial, Imperial Blue, Italicus, J.P. Wiser's, Jacob's Creek, Jameson, Jefferson's, Kahlúa, Kenwood, KI NO BI, Lillet, Long John, L'Orbe, Lot No.