Davide Campari-Milano (OTCMKTS:DVDCF)‘s stock had its “underperform” rating restated by Credit Suisse Group in a research report issued to clients and investors on Thursday, The Fly reports.
Other analysts also recently issued reports about the stock. Barclays downgraded shares of Davide Campari-Milano from an “equal weight” rating to an “underweight” rating in a report on Wednesday, March 10th. Zacks Investment Research cut Davide Campari-Milano from a “hold” rating to a “sell” rating in a report on Wednesday, February 17th. Deutsche Bank Aktiengesellschaft reaffirmed a “hold” rating on shares of Davide Campari-Milano in a report on Friday, February 19th. HSBC upgraded Davide Campari-Milano from a “reduce” rating to a “hold” rating in a report on Wednesday, March 10th. Finally, Berenberg Bank reiterated a “buy” rating on shares of Davide Campari-Milano in a research report on Monday, February 22nd. Four research analysts have rated the stock with a sell rating, four have assigned a hold rating and three have issued a buy rating to the stock. The stock currently has a consensus rating of “Hold” and an average target price of $12.00.
OTCMKTS:DVDCF remained flat at $$11.04 during mid-day trading on Thursday. The company has a 50 day simple moving average of $11.65 and a 200-day simple moving average of $11.24. Davide Campari-Milano has a 1 year low of $6.50 and a 1 year high of $12.16. The company has a market capitalization of $12.71 billion, a PE ratio of 42.46 and a beta of 0.86.
Davide Campari-Milano N.V., together with its subsidiaries, markets and distributes alcoholic and non-alcoholic beverages in the Americas, the Middle East, Africa, Europe, and the Asia-Pacific. It offers range of spirits categories, including aperitif, vodka, liqueurs, bitters, whisky, tequila, rum, gin, and cognac, as well as champagne and non-alcoholic aperitif under approximately 50 brands, such as Aperol, Campari, SKYY, Wild Turkey, Grand Marnier, Appleton Estate, Wray & Nephew Overproof, and other brands.
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