Remy Cointreau: HSBC in support





Photo credit © Reuters

(Boursier.com) — Remy Cointreau resists the selling pressure of the market rather well this weekend with a share that advances by 0.7% to 195 euros. The spirits group, which is also progressing for the third consecutive session, benefits from a rating from HSBC which has raised its recommendation to ‘buy’ on the file while raising its target from 167 to 224 euros. The market is fairly divided on the title since, according to the ‘Bloomberg’ consensus, 5 analysts are ‘positive’, 9 are ‘neutral’ and 9 ‘negative’. The average 12-month target is set at 202.87 euros.


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