Zacks Investment Research Upgrades DAVIDE CAMPARI-/S (DVDCY) to Hold

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DAVIDE CAMPARI-/S (OTCMKTS:DVDCY) was upgraded by Zacks Investment Research from a “sell” rating to a “hold” rating in a research report issued to clients and investors on Wednesday, Zacks.com reports.

According to Zacks, “Davide Campari Milano SpA is engaged in the beverage industry, which has spirits, wines and soft drinks segments. It products includes Aperol, Appleton Estate, Campari, SKYY, Wild Turkey and Grand Marnier. Davide Campari Milano SpA headquartered in Milan, Italy. “

Other equities analysts have also issued reports about the company. Deutsche Bank raised DAVIDE CAMPARI-/S from a “hold” rating to a “buy” rating and set a $9.00 price target for the company in a report on Wednesday, December 5th. Barclays assumed coverage on DAVIDE CAMPARI-/S in a report on Tuesday. They issued an “equal weight” rating for the company.

Shares of DAVIDE CAMPARI-/S stock traded down $0.12 during trading hours on Wednesday, reaching $9.73. The company had a trading volume of 1,625 shares, compared to its average volume of 1,595. DAVIDE CAMPARI-/S has a one year low of $7.23 and a one year high of $10.06. The firm has a market capitalization of $11.20 billion, a P/E ratio of 44.23, a PEG ratio of 5.05 and a beta of 0.64.

DAVIDE CAMPARI-/S Company Profile

Davide Campari-Milano S.p.A., together with its subsidiaries, manufactures and trades in alcoholic and non-alcoholic beverages in the Americas, Europe, the Middle East, Africa, Europe, and the Asia-Pacific. Its product portfolio includes aperitifs, vodka, whisky, tequila, rum, gin, liqueurs, sparkling and still wines, and ready to drink products under approximately 50 brands.

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