Report
Pierre Tegner

Pernod Ricard : Un T3 attendu en baisse avec un rattrapage au T4 : USA, Chine, Inde

>Le moins cher des quality stocks de l’univers Europe & US dans le Food Spirits HPC - Surperformance maintenue avec un OC de 217 €. Le titre affiche une belle performance de 13% en YTD et de 17% sur 6 mois. Mais c’est en ligne avec la moyenne de notre panel de 40 valeurs du Food Spirits HPC en Europe et aux Etats-Unis sur 6 mois. Et le titre n’a fait que rattraper sa décote vis-à-vis de Diageo en PE 12mfwd du fait de leur différence d’exposition aux USA et en Chine. A...
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
Pierre Tegner

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