Pernod Ricard (EPA:RI) Given a €250.00 Price Target at JPMorgan Chase & Co.

Pernod Ricard (EPA:RIGet Rating) received a €250.00 ($268.82) price objective from analysts at JPMorgan Chase & Co. in a report released on Wednesday, Borsen Zeitung reports. JPMorgan Chase & Co.‘s price objective points to a potential upside of 37.51% from the company’s current price.

A number of other analysts also recently issued reports on the company. The Goldman Sachs Group set a €241.00 ($259.14) price target on Pernod Ricard in a research report on Tuesday. Barclays set a €260.00 ($279.57) price objective on Pernod Ricard in a research report on Friday, April 29th. Deutsche Bank Aktiengesellschaft set a €266.00 ($286.02) price objective on Pernod Ricard in a research report on Friday, February 11th. UBS Group set a €196.00 ($210.75) price objective on Pernod Ricard in a research report on Wednesday. Finally, Morgan Stanley set a €240.00 ($258.06) price objective on Pernod Ricard in a research report on Tuesday, February 15th. Five research analysts have rated the stock with a hold rating and four have given a buy rating to the company. According to MarketBeat, the company has an average rating of “Hold” and an average target price of €227.08 ($244.17).

Shares of RI traded down €2.00 ($2.15) during trading hours on Wednesday, reaching €181.80 ($195.48). 260,354 shares of the company’s stock traded hands, compared to its average volume of 451,300. The firm’s 50 day simple moving average is €189.84 and its 200-day simple moving average is €195.52. Pernod Ricard has a 12 month low of €107.25 ($115.32) and a 12 month high of €136.25 ($146.51).

Pernod Ricard Company Profile (Get Rating)

Pernod Ricard SA produces and sells wines and spirits worldwide. It offers its products under various brands. The company was founded in 1805 and is headquartered in Paris, France.

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Analyst Recommendations for Pernod Ricard (EPA:RI)

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