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.
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.
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.