(News Bulletin 247) – UBS confirms its neutral value advice with a target of 199 E.
The analyst believes that the transition from a brand strategy to a portfolio strategy helps improve performance in the United States.
‘Portfolio transformation should help close the gap to the market and generate medium-term outperformance,’ says 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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