Pernod Ricard (OTC:PRNDY) Downgraded to Strong Sell Rating by BNP Paribas

Pernod Ricard (OTC:PRNDY) was downgraded by research analysts at BNP Paribas from a “hold” rating to a “strong sell” rating in a report released on Monday,Zacks.com reports.

A number of other research analysts have also weighed in on PRNDY. Barclays raised shares of Pernod Ricard from a “hold” rating to a “strong-buy” rating in a research note on Thursday, December 11th. Zacks Research lowered Pernod Ricard from a “hold” rating to a “strong sell” rating in a research note on Tuesday, October 28th. Three analysts have rated the stock with a Strong Buy rating and two have issued a Sell rating to the company. According to MarketBeat.com, Pernod Ricard currently has an average rating of “Moderate Buy”.

Pernod Ricard Stock Up 0.6%

PRNDY opened at $17.52 on Monday. 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 52-week low of $16.73 and a 52-week high of $24.13. The firm’s fifty day simple moving average is $17.96 and its two-hundred day simple moving average is $20.18.

Pernod Ricard Company Profile

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.