Remy Cointreau Unspon (REMYY) Upgraded to “Buy” by Zacks Investment Research
Remy Cointreau Unspon (NASDAQ:REMYY) was upgraded by Zacks Investment Research from a “hold” rating to a “buy” rating in a report issued on Thursday. The firm presently has a $14.00 target price on the stock. Zacks Investment Research‘s price objective would indicate a potential upside of 10.58% 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. “
Remy Cointreau Unspon (NASDAQ:REMYY) traded up 0.60% during midday trading on Thursday, reaching $12.66. 378 shares of the company traded hands. The stock has a market capitalization of $6.28 billion and a price-to-earnings ratio of 28.67. The firm has a 50 day moving average of $6.10 and a 200-day moving average of $7.10. Remy Cointreau Unspon has a 12 month low of $7.41 and a 12 month high of $13.05.
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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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