Pernod Ricard (OTC:PRNDY) Cut to “Strong Sell” at BNP Paribas

BNP Paribas cut shares of Pernod Ricard (OTC:PRNDY) from a hold rating to a strong sell rating in a research report sent to investors on Monday morning,Zacks.com reports.

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

Pernod Ricard Stock Performance

Shares of OTC:PRNDY opened at $17.69 on Monday. Pernod Ricard has a fifty-two week low of $16.73 and a fifty-two week high of $24.13. The firm’s 50 day moving average price is $17.89 and its 200 day moving average price is $20.15. The company has a quick ratio of 0.68, a current ratio of 1.84 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.