Pernod Ricard: Oddo BHF still a buyer
(CercleFinance.com) - Oddo BHF reinstates its "buy" rating on the Pernod Ricard share, maintaining its target price at 159 euros, meaning upside potential of around 18%.
The group points to the group maintaining its strategic course, despite turbulence expected in the near term.
Detailing the assumptions integrated in the new guidelines, the broker expects that this will have a negative impact on cash in 2020, although its financial policy remains intact, specifying that the supply chain is central to all attentions.
Copyright (c) 2020 CercleFinance.com. All rights reserved.
The information and analyses distributed by Cercle Finance are only intended as decision-making support for investors. Cercle Finance's responsibility may not be entailed, either directly or indirectly following the use of such information and analyses by readers. Any non-professional investor is recommended to consult a professional advisor before making any investment decision. This indicative information in no way constitutes any invitation to sell or buy securities.
The group points to the group maintaining its strategic course, despite turbulence expected in the near term.
Detailing the assumptions integrated in the new guidelines, the broker expects that this will have a negative impact on cash in 2020, although its financial policy remains intact, specifying that the supply chain is central to all attentions.
Copyright (c) 2020 CercleFinance.com. All rights reserved.
The information and analyses distributed by Cercle Finance are only intended as decision-making support for investors. Cercle Finance's responsibility may not be entailed, either directly or indirectly following the use of such information and analyses by readers. Any non-professional investor is recommended to consult a professional advisor before making any investment decision. This indicative information in no way constitutes any invitation to sell or buy securities.