Pernod Ricard (OTCMKTS:PDRDY) Reaches New 52-Week High at $44.89

Shares of Pernod Ricard SA (OTCMKTS:PDRDY) reached a new 52-week high during mid-day trading on Thursday . The company traded as high as $44.89 and last traded at $44.85, with a volume of 59239 shares trading hands. The stock had previously closed at $43.86.

A number of research firms have issued reports on PDRDY. Morgan Stanley reiterated an “overweight” rating on shares of Pernod Ricard in a research note on Friday, April 23rd. Zacks Investment Research upgraded Pernod Ricard from a “sell” rating to a “hold” rating in a research note on Tuesday, April 27th. Barclays reiterated an “overweight” rating on shares of Pernod Ricard in a research note on Friday, April 23rd. Deutsche Bank Aktiengesellschaft restated a “buy” rating on shares of Pernod Ricard in a research note on Friday, April 23rd. Finally, Credit Suisse Group restated a “neutral” rating on shares of Pernod Ricard in a research note on Friday, April 23rd. Nine research analysts have rated the stock with a hold rating and five have assigned a buy rating to the company. The stock presently has a consensus rating of “Hold” and an average target price of $43.00.

The firm has a fifty day moving average of $42.75. The company has a current ratio of 2.30, a quick ratio of 0.94 and a debt-to-equity ratio of 0.62. The company has a market capitalization of $59.52 billion, a P/E ratio of 36.55 and a beta of 0.54.

The business also recently announced a Semi-Annual dividend, which will be paid on Monday, July 26th. Investors of record on Tuesday, July 6th will be given a $0.228 dividend. The ex-dividend date is Friday, July 2nd. Pernod Ricard’s dividend payout ratio (DPR) is presently 42.50%.

About Pernod Ricard (OTCMKTS:PDRDY)

Pernod Ricard SA produces and sells wines and spirits worldwide. Its brands include Absolut Vodka, Ricard pastis, Ballantine's, Chivas Regal, Royal Salute, The Glenlivet Scotch whiskies, Jameson Irish whiskey, Martell cognac, Havana Club rum, Beefeater gin, Malibu liqueur, Mumm, and Perrier-Jouët champagnes, as well Jacob's Creek, Brancott Estate, Campo Viejo, and Kenwood wines.

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