Campari Group (OTCMKTS:DVDCY) was downgraded by Zacks Investment Research from a “hold” rating to a “sell” rating in a research report issued to clients and investors on Wednesday.

According to Zacks, “Davide Campari Milano SpA is engaged in the beverage industry, which has spirits, wines and soft drinks segments. It products includes Aperol, Appleton Estate, Campari, SKYY, Wild Turkey and Grand Marnier. Davide Campari Milano SpA headquartered in Milan, Italy. “

Separately, Berenberg Bank reaffirmed a “buy” rating on shares of Campari Group in a research report on Monday, September 18th.

Shares of Campari Group (DVDCY) remained flat at $7.63 during midday trading on Wednesday. 2,000 shares of the company were exchanged. The firm has a 50-day moving average of $7.32 and a 200 day moving average of $6.83. The company has a market capitalization of $8.84 billion and a PE ratio of 36.68. Campari Group has a 52-week low of $4.49 and a 52-week high of $7.73.

TRADEMARK VIOLATION NOTICE: “Campari Group (DVDCY) Downgraded to Sell at Zacks Investment Research” was published by Watch List News and is the sole property of of Watch List News. If you are viewing this article on another website, it was stolen and republished in violation of U.S. & international copyright and trademark legislation. The legal version of this article can be accessed at https://www.watchlistnews.com/campari-group-dvdcy-downgraded-to-sell-at-zacks-investment-research/1639614.html.

Campari Group Company Profile

Davide Campari Milano SpA is an Italy-based company engaged in the beverage industry. It manufactures and distributes alcoholic and non-alcoholic beverages. The Company‘s business activities are divided into three segments. The Spirits segment comprises such internationally renowned brands as Campari, Wild Turkey, Old Smuggler, SKYY Vodka, Cynar and Grand Marnier, as well as local market brands, including Aperol, Cabo Wabo, Campari Soda, GlenGrant, Ouzo 12, and Brazilian brands Dreher, Old Eight and Drury’s, among others.

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