Accueil > Actualité
Actualite financiere : Actualite bourse

Pernod Ricard: Bryan Garnier ups target price

( - Bryan Garnier has reinstated its "buy" recommendation on the Pernod Ricard stock, having raised its fair value from 153 euros to 156 euros, after a meeting that "clearly strengthened our confidence in the group's position in Asia, and more specifically in China".

The broker reports that Pernod Ricard's sales in China grew by 19% in organic terms over the first nine months of the year, up sharply compared to last year, with the price-mix environment improving.

"As a consequence, we should an acceleration of the operating leverage from 2018/19," Bryan Garnier says, which has raised its estimates for operating profit by an average of 2% for the wines and spirits giant over the next three years.

Copyright (c) 2018 All rights reserved.
The information and analyses distributed by Cercle Finance are only intended as decision-making support for investors. Cercle Finance's responsibility may not be entailed, either directly or indirectly following the use of such information and analyses by readers. Any non-professional investor is recommended to consult a professional advisor before making any investment decision. This indicative information in no way constitutes any invitation to sell or buy securities.




Qui sommes-nous ? | Nous contacter | FAQ | Mentions légales | RSS | © Copyright 2007 Cercle Finance. Tous droits réservés.
Indices et cours différés d’au moins 15 mn | Cotations boursières fournies par ABC Bourse.