© Reuters. Pernod Ricard: ends higher after a positive analysis
The title ends the session by a sharp increase (+1,7%) after the positive analysis of Jefferies. The desktop analysis indicates that day to confirm his recommendation ‘Purchase’ on the title.
The broker believes to wait the meeting of the investors of the group, organized in China between the 5th and the 7th of June, a change in the message rather than a message revolutionary’.
It thus anticipates no change in the stated objectives regarding the organic growth in the medium term (4 to 5%), and confirms its forecast to 5.8% for the period 2018-2020. Jefferies maintains its target price of 150 euros.
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