PERNOD RICARD S/ADR (OTCMKTS:PDRDY) Upgraded at Zacks Investment Research

Zacks Investment Research upgraded shares of PERNOD RICARD S/ADR (OTCMKTS:PDRDY) from a sell rating to a hold rating in a research note issued to investors on Thursday, reports.

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According to Zacks, “Pernod Ricard SA, based in France, operates as a manufacturer and seller of a wide range of wines and spirits. The company operates as holding company, with the structure divided between brand owner subsidiaries, such as The Absolut Company, Havana Club International and Chivas Brothers, which produce and develop marketing strategies for the brands, and regional distribution subsidiaries, such as Pernod Ricard Europe, Pernod Ricard Americas and Pernod Ricard Asia, which implement marketing strategies and distribute local brands. The Company is active in eight principal beverage sectors: whiskies, aniseed spirits, liqueurs, cognacs and brandies, white spirits and rums, bitters, champagnes and wines. Pernod Ricard SA’s flagship brands include Ricard, Havana Club, Ballantine’s, Malibu, Martell, The Glenlivet, Chivas Regal, Jameson and Absolut Vodka, among others. “

Other research analysts also recently issued reports about the stock. ValuEngine downgraded shares of PERNOD RICARD S/ADR from a hold rating to a sell rating in a research report on Wednesday, October 2nd. Jefferies Financial Group raised shares of PERNOD RICARD S/ADR from a hold rating to a buy rating in a research report on Wednesday, October 2nd. Finally, Sanford C. Bernstein raised shares of PERNOD RICARD S/ADR from an underperform rating to a market perform rating in a research report on Tuesday, September 10th. One analyst has rated the stock with a sell rating, four have assigned a hold rating and three have assigned a buy rating to the company. The stock has an average rating of Hold and an average price target of $38.00.

Shares of PERNOD RICARD S/ADR stock traded down $0.49 during trading on Thursday, hitting $36.91. The stock had a trading volume of 59,523 shares, compared to its average volume of 47,927. The stock has a 50 day simple moving average of $36.73 and a 200 day simple moving average of $36.14. The company has a market capitalization of $50.32 billion, a PE ratio of 26.36, a P/E/G ratio of 3.50 and a beta of 0.42. The company has a quick ratio of 0.56, a current ratio of 1.79 and a debt-to-equity ratio of 0.40. PERNOD RICARD S/ADR has a 1 year low of $31.17 and a 1 year high of $39.02.

The company also recently announced a Semi-Annual dividend, which will be paid on Thursday, December 12th. Stockholders of record on Friday, November 22nd will be given a $0.308 dividend. This is an increase from PERNOD RICARD S/ADR’s previous Semi-Annual dividend of $0.22. The ex-dividend date of this dividend is Thursday, November 21st. PERNOD RICARD S/ADR’s dividend payout ratio (DPR) is 26.43%.


Pernod Ricard SA produces and sells beers, wines, and spirits in the Americas, Europe, Asia, and internationally. Its principal brands include Absolut, Ballantine's, Beefeater, Chivas Regal, KahlĂșa, Malibu, Martell, and Brancott Estate. The company was founded in 1805 and is headquartered in Paris, France.

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