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Pernod Ricard (OTC:PRNDY) Raised to "Strong-Buy" at Berenberg Bank

Pernod Ricard logo with Consumer Staples background

Berenberg Bank upgraded shares of Pernod Ricard (OTC:PRNDY - Free Report) to a strong-buy rating in a research note published on Wednesday, April 2nd,Zacks.com reports.

Pernod Ricard Stock Up 8.6 %

Pernod Ricard stock traded up $1.65 during trading on Wednesday, reaching $20.84. The company had a trading volume of 603,554 shares, compared to its average volume of 546,274. The firm's 50-day simple moving average is $20.83 and its 200 day simple moving average is $23.11. The company has a debt-to-equity ratio of 0.68, a current ratio of 1.84 and a quick ratio of 0.68. Pernod Ricard has a 1-year low of $18.80 and a 1-year high of $32.72.

About Pernod Ricard

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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.

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