Pernod Ricard stock gets higher targets from BNP Paribas and UBS

BNP Paribas and UBS raised their price targets for Pernod Ricard in analyst revisions published by Bourse Direct. BNP Paribas retained an underperform rating and lifted its target from 58 euros to 60 euros. UBS kept a neutral view and raised its target from 68 euros to 70 euros.

Targets rise despite cautious ratings

The revisions point to a more constructive valuation view without changing either bank's broad stance on the shares. The target changes followed a period in which Pernod Ricard has faced pressure in major markets, while investors have also focused on cost controls and balance-sheet management.

Pernod Ricard reported first-quarter fiscal 2027 sales of 2.234 billion euros on October 15, according to the company's investor information. Organic sales declined 0.9 percent, with the United States and China weighing on the regional mix while India provided stronger momentum.

Pernod Ricard stock traded at 66.91 euros on Lang & Schwarz at 09:46 CEST on Friday, October 30. The real-time quote of Pernod Ricard stock shows the continuously updated market indication.

Debt and demand remain key

The company completed a 1.5 billion euro hybrid bond issue on October 22 and announced the successful tender offer for existing notes on October 28. The financing steps are relevant to the investment case because deleveraging remains part of the factors analysts weigh alongside the recovery outlook for the spirits market.

The next scheduled corporate date is the annual general meeting on November 20. Pernod Ricard has also set February 18, 2027, for its first-half fiscal 2027 sales and results.

Market participants will continue to assess Pernod Ricard against the CAC 40 market environment.

Further operating updates and analyst assessments are available in more news and analyses on Pernod Ricard stock.