Report
Arnaud Autier ...
  • Pierre Tegner

Pernod Ricard : Les catalyseurs de la performance du titre se font toujours attendre

>OC abaissé à 150 € (vs 190 €) et passage à Neutre (vs Surperformance) - Les catalyseurs que nous attendions au soutien de la performance du titre Pernod Ricard, à savoir la reprise sur les marchés clefs du groupe comme la Chine et les US, ne se matérialisent pas. L’échéance de la reprise de la croissance du groupe est régulièrement repoussée. Les incertitudes quant à son timing devraient peser sur la performance du titre. Notre beta ressort désormais à 1 vs 0.9 aupar...
Underlying
Pernod Ricard SA

Pernod Ricard produces and distributes wines and spirits. Co. produces aniseed products, vodka, whisky, cognac, rum, gin, liqueurs, champagnes and wines. Co.'s activity is organized around families of products built around brands. Its brands portfolio includes: ABSOLUT vodka, Ricard pastis, Ballantine's, Chivas Regal and The Glenlivet Scotch whiskies, Jameson Irish whiskey, Martell cognac, Havana Club rum, Beefeater gin, Kahlua and Malibu liqueurs, Mumm and Perrier-Jouet champagnes as well as Jacob's Creek and Brancott Estate wines. Co. is structured into four segments constituted by the following geographic regions: France, Europe (excluding France), Americas, Asia/Rest of the World.

Provider
Oddo BHF
Oddo BHF

​Oddo Securities provides securities brokerage and research services. The company offers equity, economic, and derivatives research and credit analysis services. It focuses on insurance, automotive, building materials, pharmaceuticals, telecommunications, information technology, and agri-food industries.

Analysts
Arnaud Autier

Pierre Tegner

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