Pernod Ricard, FR0000120693

BofA raises target for Pernod Ricard stock to EUR 74.00

Published on 10/20/2026 at 11:00 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Q1 FY27 sales totaled EUR 2.23 billion, while India grew 19 percent. Pernod Ricard stock costs EUR 67.81 on October 20, 2026 versus EUR 67.32 Xetra close.

Analyst revisions shape the picture

BofA Securities lifted its Pernod Ricard target from EUR 73.00 to EUR 74.00 on October 16, 2026.
First-quarter FY27 net sales reached EUR 2.23 billion, with organic sales down 0.90 percent on October 15, 2026.
Pernod Ricard stock trades at EUR 67.81 at 10:49 a.m. CEST at Lang & Schwarz on October 20, 2026, 0.73 percent above the Xetra close of October 19, 2026.
Pernod Ricard's annual general meeting is scheduled for November 20, 2026.

Trading floor with multiple screens displaying CAC 40 and beverage sector index financial data — Pernod Ricard FR0000120693 — trading floor screens showing CAC 40 and beverage sector index charts, Illustration mit AI erstellt.

Pernod Ricard stock (ISIN FR0000120693) was trading at EUR 67.81 at Lang & Schwarz on October 20, 2026, 0.73 percent above the Xetra close of October 19, 2026 at EUR 67.32. On October 16, BofA Securities lifted its target from EUR 73.00 to EUR 74.00, while UBS moved its target from EUR 68.00 to EUR 70.00, according to Ideal Investisseur.

Targets edge higher after sales update

The analyst revisions followed Pernod Ricard's first-quarter FY27 sales release. Pernod Ricard reported net sales of EUR 2,234 million on October 15, 2026. Organic sales declined 0.90 percent and reported sales fell 6.30 percent, with the United States down 10.00 percent and China down 25.00 percent.

Three dates show the changing setup

On September 29, 2026, Pernod Ricard stock reached a five-year low of EUR 58.72, according to Ideal Investisseur. On October 15, first-quarter FY27 sales reached EUR 2,234 million, and on October 16, BofA Securities raised its target to EUR 74.00 from EUR 73.00.

What does the sales mix mean?

The geographic split gives the target revisions a cautious foundation. India sales grew 19.00 percent in the first quarter, while Asia-Rest of World sales rose 9.00 percent. Outside the United States and China, sales increased 4.00 percent, but the company expects full-year organic sales to remain broadly stable. Morningstar cut its fair value estimate from EUR 87.00 to EUR 75.00 on October 16, 2026, highlighting the tension between India growth and weakness in the United States and China.

Annual meeting is the next date

Pernod Ricard's annual general meeting is scheduled for November 20, 2026. The next half-year FY27 sales and results are scheduled for February 18, 2027, according to the company's investor calendar.

Stock remains below analyst targets

The EUR 67.81 Lang & Schwarz price is 9.11 percent below the BofA Securities target of EUR 74.00. Pernod Ricard's market capitalization is EUR 17.1 billion, while its 52-week range is EUR 57.90 to EUR 90.20 as of October 20, 2026. The further course of trading is shown by the continuously updated real-time quote of Pernod Ricard stock.