Pernod Ricard traded at 61.01 this Wednesday May 13th, decreasing 0.49 or 0.80 percent since the previous trading session. Looking back, over the last four weeks, Pernod Ricard lost 8.50 percent. Over the last 12 months, its price fell by 36.83 percent. Looking ahead, we forecast Pernod Ricard to be priced at 62.24 by the end of this quarter and at 58.12 in one year, according to Trading Economics global macro models projections and analysts expectations.
Pernod Ricard SA is a France-based worldwide producer of wines and spirits. It operates through three geographical segments: America, Europe and Asia/Rest of the World. The Company holds a portfolio of brands, including Absolut Vodka, Ricard pastis, Ballantine’s, Chivas Regal, Royal Salute, and The Glenlivet Scotch whiskies, Jameson Irish whiskey, Martell cognac, Havana Club rum, Beefeater gin, Malibu liqueur, Mumm and Perrier-Jouet champagnes, as well Jacob’s Creek, Brancott Estate, Campo Viejo, and Kenwood wines, among others.