Rémy Cointreau SA (OTCMKTS:REMYY) Receives $21.44 Consensus Price Target from Analysts

Rémy Cointreau SA (OTCMKTS:REMYY) has been given an average recommendation of “Hold” by the thirteen analysts that are currently covering the firm, Marketbeat reports. Four investment analysts have rated the stock with a sell rating, seven have assigned a hold rating and two have given a buy rating to the company. The average twelve-month price objective among analysts that have issued a report on the stock in the last year is $21.44.

Several research firms have weighed in on REMYY. Zacks Investment Research raised shares of Rémy Cointreau from a “sell” rating to a “hold” rating in a research report on Tuesday, September 28th. Barclays reissued an “equal weight” rating on shares of Rémy Cointreau in a research report on Friday, October 8th. Credit Suisse Group reissued an “underperform” rating on shares of Rémy Cointreau in a research report on Wednesday, July 21st. JPMorgan Chase & Co. restated a “neutral” rating on shares of Rémy Cointreau in a research note on Wednesday, June 30th. Finally, Berenberg Bank restated a “hold” rating on shares of Rémy Cointreau in a research note on Thursday, July 22nd.

OTCMKTS:REMYY traded up $0.05 during trading hours on Friday, hitting $20.25. 3,866 shares of the company were exchanged, compared to its average volume of 10,400. The stock has a market capitalization of $10.23 billion, a price-to-earnings ratio of 61.36 and a beta of 0.20. Rémy Cointreau has a 52-week low of $16.85 and a 52-week high of $22.57. The company has a debt-to-equity ratio of 0.27, a current ratio of 2.59 and a quick ratio of 0.51. The company’s 50 day moving average price is $20.06 and its 200-day moving average price is $20.35.

The firm also recently disclosed an annual dividend, which will be paid on Monday, October 18th. Shareholders of record on Tuesday, September 28th will be paid a dividend of $0.152 per share. This represents a yield of 0.75%. The ex-dividend date is Monday, September 27th. Rémy Cointreau’s payout ratio is 45.45%.

About Rémy Cointreau

Rémy Cointreau SA engages in the manufacture and sale of cognac, liqueurs, and spirits. Its products include rum, brandy, scotches, and whiskies. It distributes its products under the following brands: Rémy Martin, Mount Gay, Saint Rémy, Metaxa, Cointreau, Passoa, Bruichladdich, Port Charlotte, and Octopus.

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Analyst Recommendations for Rémy Cointreau (OTCMKTS:REMYY)

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