REMY COINTREAU/ADR (OTCMKTS:REMYY) Receives Average Recommendation of “Sell” from Analysts

Shares of REMY COINTREAU/ADR (OTCMKTS:REMYY) have been given a consensus rating of “Sell” by the six brokerages that are presently covering the stock, Marketbeat.com reports. Four research analysts have rated the stock with a sell recommendation and two have issued a hold recommendation on the company.

Several analysts have recently commented on REMYY shares. ValuEngine downgraded shares of REMY COINTREAU/ADR from a “hold” rating to a “sell” rating in a research report on Friday, October 4th. Zacks Investment Research downgraded shares of REMY COINTREAU/ADR from a “hold” rating to a “sell” rating in a report on Tuesday. Bank of America downgraded shares of REMY COINTREAU/ADR from a “buy” rating to an “underperform” rating in a report on Monday, July 22nd. Berenberg Bank downgraded shares of REMY COINTREAU/ADR from a “buy” rating to a “hold” rating in a report on Tuesday. Finally, JPMorgan Chase & Co. downgraded shares of REMY COINTREAU/ADR from a “neutral” rating to an “underweight” rating in a report on Wednesday, September 25th.

Shares of REMYY stock opened at $13.65 on Tuesday. REMY COINTREAU/ADR has a one year low of $10.55 and a one year high of $15.67. The company’s fifty day moving average price is $14.17 and its 200-day moving average price is $13.95. The company has a debt-to-equity ratio of 0.30, a quick ratio of 0.68 and a current ratio of 2.53.

The firm also recently announced an annual dividend, which was paid on Tuesday, October 1st. Stockholders of record on Wednesday, September 11th were issued a $0.207 dividend. The ex-dividend date was Tuesday, September 10th. This is an increase from REMY COINTREAU/ADR’s previous annual dividend of $0.14. This represents a dividend yield of 1.43%. REMY COINTREAU/ADR’s payout ratio is 53.85%.

About REMY COINTREAU/ADR

Rémy Cointreau SA, together with its subsidiaries, produces and distributes liqueurs and spirits. It operates through Rémy Martin, Liqueurs & Spirits, and Partner Brands segments. The company produces a range of cognacs under the Rémy Martin and Louis XIII brands. It offers liqueurs and spirits primarily under the Cointreau, Metaxa, Mount Gay, St-Rémy, The Botanist, Bruichladdich, Port Charlotte, Octomore, Westland, and Domaine des Hautes Glaces brands.

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