Pernod Ricard, FR0000120693

Deutsche Bank raises Pernod Ricard stock target to EUR 63.00

Published on 10/05/2026 at 12:21 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

FY26 organic sales fell 3.90 percent to EUR 9.40 billion. Pernod Ricard stock costs EUR 58.71 on October 5, 2026 versus EUR 59.05.

Overhead flatlay of crystal spirits decanter, tumbler glasses, ice cubes, lemon slices on wooden board — Pernod Ricard FR0000120693 — overhead flatlay with decanter, tumblers, ice, lemon, and cork, Illustration mit AI erstellt.

Pernod Ricard (ISIN FR0000120693) was trading at EUR 58.71 at Lang & Schwarz on October 5, 2026 at 12:14 p.m. CEST, down 0.58 percent versus the prior close of EUR 59.05. On September 30, 2026, Deutsche Bank raised its price target from EUR 61.00 to EUR 63.00 while maintaining a Hold rating, as BFM Bourse reported.

Target rises as growth stays fragile

The new EUR 63.00 target lies 7.31 percent above the Lang & Schwarz price. The change is notable because the bank simultaneously reduced its forecast for organic sales growth in fiscal 2026/27 to a decline of 0.30 percent from a decline of 0.10 percent, according to BFM Bourse.

Deutsche Bank also expects organic operating profit to decline 2.40 percent in fiscal 2026/27, compared with its previous estimate of a 2.10 percent decline. That combination leaves the target increase dependent on execution and currency support rather than a stronger near-term sales outlook.

FY26 sales provide the baseline

Pernod Ricard reported consolidated sales of EUR 9.40 billion in fiscal 2025/26, while organic sales declined 3.90 percent, according to the company filing dated September 16, 2026. The filing also identifies Pernod Ricard as an Euronext-listed company with ticker RI and membership in the CAC 40, as shown by Pernod Ricard.

The regional picture explains the pressure. FY25 Americas net sales were EUR 3.15 billion, down 6.00 percent, while Asia and the rest of the world generated EUR 4.64 billion, down 7.00 percent, based on the investor relations figures. The market is therefore looking for stabilization in the next reporting update rather than a simple return to prior growth.

October sales date sets the next test

Pernod Ricard is scheduled to publish first-quarter fiscal 2026/27 sales on October 15, 2026 at 7:30 a.m. CEST, according to the company's investor calendar at Pernod Ricard. That release should give investors a direct check on whether the sales decline is stabilizing during the opening quarter.

Stock sits 1.26 percent above yearly low

The Lang & Schwarz price stood 1.26 percent above the finance quote's EUR 57.98 52-week low and 35.04 percent below its EUR 90.34 52-week high, both as of October 5, 2026. Market capitalization was EUR 14.8 billion on the same date, keeping the EUR 63.00 analyst target within a valuation discussion shaped by weak sales and the upcoming quarterly update. The further course of trading is shown by the continuously updated real-time quote of Pernod Ricard stock.