Rémy Cointreau (OTCMKTS:REMYY) Stock Rating Upgraded by The Goldman Sachs Group

Rémy Cointreau (OTCMKTS:REMYY) was upgraded by analysts at The Goldman Sachs Group from a “neutral” rating to a “buy” rating in a research note issued to investors on Wednesday, The Fly reports.

Other equities research analysts have also recently issued reports about the company. Berenberg Bank reiterated a “hold” rating on shares of Rémy Cointreau in a report on Tuesday, April 27th. Barclays reiterated an “equal weight” rating on shares of Rémy Cointreau in a report on Friday, June 4th. JPMorgan Chase & Co. reiterated a “neutral” rating on shares of Rémy Cointreau in a report on Friday, June 4th. Morgan Stanley restated an “underweight” rating on shares of Rémy Cointreau in a research note on Monday, April 26th. Finally, Zacks Investment Research cut Rémy Cointreau from a “buy” rating to a “hold” rating in a research note on Thursday, May 6th. Three research analysts have rated the stock with a sell rating, seven have given a hold rating and two have issued a buy rating to the company’s stock. The stock presently has a consensus rating of “Hold” and a consensus price target of $93.00.

Shares of REMYY stock opened at $20.73 on Wednesday. Rémy Cointreau has a twelve month low of $12.65 and a twelve month high of $21.34. The stock has a market cap of $10.47 billion, a PE ratio of 76.78 and a beta of 0.21. The stock has a fifty day moving average price of $20.26. The company has a quick ratio of 0.60, a current ratio of 2.80 and a debt-to-equity ratio of 0.31.

About Rémy Cointreau

Rémy Cointreau SA, together with its subsidiaries, produces and distributes liqueurs and spirits. The company operates through Rémy Martin, Liqueurs & Spirits, and Partner Brands segments. It offers liqueurs and spirits primarily under the Cointreau, Metaxa, St-Rémy, Mount Gay, Bruichladdich, Port Charlotte, Octomore, The Botanist, Westland, LOUIS XIII, and Domaine des Hautes Glaces brands.

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Analyst Recommendations for Rémy Cointreau (OTCMKTS:REMYY)

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