Remy Cointreau (REMYY) Upgraded to “Buy” at Zacks Investment Research

Remy Cointreau (OTCMKTS:REMYY) was upgraded by Zacks Investment Research from a “hold” rating to a “buy” rating in a report issued on Tuesday. The brokerage presently has a $15.00 price objective on the stock. Zacks Investment Research‘s target price suggests a potential upside of 8.30% 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 (OTCMKTS REMYY) traded up $0.07 during midday trading on Tuesday, hitting $13.85. The stock had a trading volume of 511 shares, compared to its average volume of 1,065. Remy Cointreau has a 1 year low of $8.21 and a 1 year high of $14.08. The company has a debt-to-equity ratio of 0.30, a quick ratio of 0.52 and a current ratio of 2.40.

ILLEGAL ACTIVITY NOTICE: “Remy Cointreau (REMYY) Upgraded to “Buy” at Zacks Investment Research” was first published by American Banking News and is owned by of American Banking News. If you are viewing this news story on another publication, it was illegally stolen and reposted in violation of United States and international copyright & trademark legislation. The original version of this news story can be viewed at https://www.americanbankingnews.com/2017/12/24/remy-cointreau-remyy-upgraded-to-buy-at-zacks-investment-research.html.

Remy Cointreau 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.

Get a free copy of the Zacks research report on Remy Cointreau (REMYY)

For more information about research offerings from Zacks Investment Research, visit Zacks.com

Receive News & Ratings for Remy Cointreau Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Remy Cointreau and related companies with MarketBeat.com's FREE daily email newsletter.

Leave a Reply