Berenberg Bank Upgrades Pernod Ricard (OTC:PRNDY) to Strong-Buy

Berenberg Bank upgraded shares of Pernod Ricard (OTC:PRNDY) to a strong-buy rating in a research note issued to investors on Wednesday morning,Zacks.com reports.

Pernod Ricard Stock Down 3.1 %

OTC PRNDY opened at $19.17 on Wednesday. The company has a quick ratio of 0.68, a current ratio of 1.84 and a debt-to-equity ratio of 0.68. Pernod Ricard has a 1-year low of $19.17 and a 1-year high of $32.72. The firm’s fifty day simple moving average is $21.16 and its 200-day simple moving average is $23.41.

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.