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.

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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.

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