PRNDY Stock Recent News

Analysts have a target price range of €133 to €210/share, with 9 out of 20 recommending a "BUY". Pernod Ricard is currently undervalued, trading at less than €131/share with a high yield and low P/E ratio. Company expects significant upside with over 80% potential increase until 2026E.

PARIS--(BUSINESS WIRE)--Regulatory News: Press Release – Paris, 28 May 2024 Pernod Ricard (Paris:RI) and ecoSPIRITS today announce entering a new stage in their relationship with a five-year global licensing agreement to enable the distribution of Pernod Ricard's spirits brands in ecoSPIRITS' circular packaging technology to on-trade venues around the world. This collaboration, which builds on the learnings of a pilot in Singapore late 2022, aims to further promote circularity in the spirits in.

Pernod Ricard SA (OTCPK:PDRDF) Q3 2024 Earnings Conference Call April 25, 2024 3:00 AM ET Company Participants Florence Tresarrieu - IR Alexandre Ricard - Chairman and CEO Helene de Tissot - EVP, Finance Conference Call Participants Andrea Pistacchi - Bank of America Simon Hales - Citi Sanjeet Aujla - UBS Sarah Simon - Morgan Stanley Edward Mundy - Jefferies Trevor Stirling - Bernstein Laurence Whyatt - Barclays Jeremy Fialko - HSBC Florence Tresarrieu Welcome, everyone, and good morning. So, we're very pleased to welcome you to our Q3 FY 2024 Sales Calls.

Pernod Ricard on Thursday reported worse than expected third quarter sales as its big U.S. and Chinese businesses remained under heavy pressure, leaving its full-year forecast resting on an uptick in demand over the next few months.

Pernod Ricard is an undervalued European company with the potential for over 20% annualized upside in the next few years. The company's share price has dropped significantly, presenting a buying opportunity. Pernod Ricard has a diverse portfolio of spirits and alcohols, with strong sales growth in every segment and geography.

Our 3-step process focuses on wide-moat stocks (as per Morningstar's rating). We are only interested in those targets that are attractively valued in historical comparison. We share the heat map of the most investable candidates that may be worth your time for further analysis.

Pernod Ricard is the second-largest spirits and wines company globally, focusing on popular brands like Absolut Vodka and Kahlua. The company is expanding internationally and investing heavily in emerging markets like India and China. Pernod Ricard faces short-term headwinds and a decline in share price, but its financial performance and long-term growth potential give confidence.

Pernod Ricard SA (PDRDF) Q2 2024 Earnings Call Transcript

Pernod Ricard's shares rose more than 5% after the company confirmed its mid-term outlook and posted first-half sales in line with expectations.

Pernod Ricard is a luxury goods company with a high potential for investment and returns. The company has a strong portfolio of premium spirits brands and a solid financial performance. Despite some risks, such as cyclicality and regulatory intervention, Pernod Ricard is undervalued and offers significant upside potential.