REMY COINTREAU/ADR (OTCMKTS:REMYY) Cut to “Sell” at ValuEngine
Several other research firms have also recently weighed in on REMYY. Berenberg Bank cut shares of REMY COINTREAU/ADR from a buy rating to a hold rating in a report on Tuesday, October 15th. JPMorgan Chase & Co. cut shares of REMY COINTREAU/ADR from a neutral rating to an underweight rating in a report on Wednesday, September 25th. Zacks Investment Research upgraded shares of REMY COINTREAU/ADR from a sell rating to a hold rating in a report on Saturday, November 2nd. Finally, Bank of America cut shares of REMY COINTREAU/ADR from a buy rating to an underperform rating in a report on Monday, July 22nd. Three equities research analysts have rated the stock with a sell rating and three have issued a hold rating to the company’s stock. The company has an average rating of Hold and a consensus target price of $14.00.
OTCMKTS REMYY traded up $0.03 during trading on Friday, hitting $13.43. 495 shares of the company traded hands, compared to its average volume of 1,639. The company has a market capitalization of $6.77 billion, a P/E ratio of 34.44 and a beta of 0.32. The business has a fifty day simple moving average of $13.42 and a 200 day simple moving average of $13.94. REMY COINTREAU/ADR has a 12 month low of $10.55 and a 12 month high of $15.67. The company has a current ratio of 2.53, a quick ratio of 0.68 and a debt-to-equity ratio of 0.30.
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.
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