Remy Cointreau Unspon (REMYY) Upgraded by Zacks Investment Research to “Buy”
Remy Cointreau Unspon (NASDAQ:REMYY) was upgraded by Zacks Investment Research from a “hold” rating to a “buy” rating in a research note issued to investors on Friday. The firm currently has a $13.00 price target on the stock. Zacks Investment Research‘s target price would indicate a potential upside of 10.64% from the stock’s current price.
According to Zacks, “Remy Cointreau SA is an operator of Wine & Spirits market. The company’s portfolio consists of Rémy Martin and Louis XIII cognacs, the Cointreau liqueur as well as the Metaxa, Mount Gay, St-Rémy, Bruichladdich, Port Charlotte, Octomore and The Botanist spirits. Remy Cointreau SA is headquartered in Cognac, France. “
Shares of Remy Cointreau Unspon (NASDAQ:REMYY) traded up 0.43% during mid-day trading on Friday, hitting $11.75. The stock had a trading volume of 136 shares. The company has a market capitalization of $5.83 billion and a P/E ratio of 27.29. The stock’s 50-day moving average price is $6.10 and its 200 day moving average price is $7.10. Remy Cointreau Unspon has a 1-year low of $5.69 and a 1-year high of $11.75.
Remy Cointreau Unspon Company Profile
Rémy Cointreau SA, together with its subsidiaries, produces and distributes liqueurs and spirits. It operates through Rémy Martin, Liqueurs & Spirits, and Partner Brands segments. The company produces a range of cognacs under the Rémy Martin and Louis XIII brands. It offers liqueurs and spirits primarily under the Cointreau, Metaxa, Mount Gay, St-Rémy, The Botanist, Bruichladdich, Port Charlotte, Octomore, Westland, and Domaine des Hautes Glaces brands.
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