Remy Cointreau (OTCMKTS:REMYY) Receives Average Recommendation of “Hold” from Brokerages

Shares of Remy Cointreau (OTCMKTS:REMYY) have received a consensus recommendation of “Hold” from the seven research firms that are currently covering the company, MarketBeat.com reports. Three analysts have rated the stock with a sell recommendation, two have issued a hold recommendation, one has issued a buy recommendation and one has given a strong buy recommendation to the company.

Several brokerages have commented on REMYY. UBS Group downgraded Remy Cointreau from a “hold” rating to a “sell” rating in a report on Wednesday, December 3rd. The Goldman Sachs Group lowered Remy Cointreau to a “neutral” rating in a report on Friday, October 31st. Finally, Deutsche Bank Aktiengesellschaft restated a “sell” rating on shares of Remy Cointreau in a research note on Friday, November 28th.

Remy Cointreau Stock Down 1.6%

OTCMKTS REMYY opened at $4.68 on Friday. Remy Cointreau has a 12-month low of $4.05 and a 12-month high of $7.23. The company has a 50 day moving average price of $4.46 and a two-hundred day moving average price of $5.33. The company has a current ratio of 2.79, a quick ratio of 0.39 and a debt-to-equity ratio of 0.31.

Remy Cointreau Company Profile

Rémy Cointreau is a French spirits group specializing in the production and distribution of premium and super-premium alcoholic beverages. The company’s core activities center on cognacs, liqueurs, single malt Scotch whiskies and innovative craft spirits. Through its integrated production network and dedicated cellar masters, Rémy Cointreau maintains rigorous quality standards from distillation and aging to bottling and distribution.

The group’s flagship brands include Rémy Martin and Louis XIII cognacs, recognized worldwide for their heritage and craftsmanship, as well as Cointreau, a leading triple-sec liqueur.