Barclays Upgrades Pernod Ricard (OTC:PRNDY) to Hold

Barclays upgraded shares of Pernod Ricard (OTC:PRNDY) from a strong sell rating to a hold rating in a research report released on Tuesday,Zacks.com reports.

Separately, Berenberg Bank raised shares of Pernod Ricard to a “strong-buy” rating in a report on Wednesday, April 2nd.

Pernod Ricard Price Performance

Shares of PRNDY stock opened at $22.13 on Tuesday. Pernod Ricard has a 12 month low of $18.80 and a 12 month high of $32.72. The stock has a 50 day moving average of $20.87 and a 200-day moving average of $22.52. The company has a current ratio of 1.84, a quick ratio of 0.68 and a debt-to-equity ratio of 0.68.

About Pernod Ricard

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.