Pernod Ricard (OTC:PRNDY) Rating Increased to Hold at Zacks Research

Zacks Research upgraded shares of Pernod Ricard (OTC:PRNDY) from a strong sell rating to a hold rating in a research note issued to investors on Tuesday morning,Zacks.com reports.

PRNDY has been the subject of several other research reports. Barclays raised Pernod Ricard from a “hold” rating to a “strong-buy” rating in a research report on Thursday, December 11th. BNP Paribas Exane downgraded Pernod Ricard from a “hold” rating to a “strong sell” rating in a report on Monday, January 12th. Three equities research analysts have rated the stock with a Strong Buy rating, one has issued a Hold rating and one has given a Sell rating to the company’s stock. According to MarketBeat.com, Pernod Ricard presently has an average rating of “Buy”.

Pernod Ricard Stock Performance

Shares of OTC PRNDY opened at $18.42 on Tuesday. Pernod Ricard has a 1 year low of $16.73 and a 1 year high of $24.13. The company’s 50-day moving average is $18.22 and its 200 day moving average is $19.52. 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. Wiser's, Jacob's Creek, Jameson, Jefferson's, Kahlúa, Kenwood, KI NO BI, Lillet, Long John, L'Orbe, Lot No.