(CercleFinance.com) – The analyst estimates that the results for the 3rd quarter of 2023 should be lower than initial expectations, but the consensus for the current year seems satisfactory.
UBS confirms its neutral advice on the value with a price target of 199 E.
‘Third quarter sales should not be a positive catalyst, but more cautious positioning and an unchanged consensus for the full year should limit the decline,’ said UBS.
Recall that Pernod Ricard forecasts for the current financial year a “strong and diversified growth in turnover, despite an environment which is normalizing”, as well as a maintenance of its operating margin.
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