Pernod Ricard, FR0000120693

Pernod Ricard stock: RBC raises target for Pernod Ricard stock from EUR 69.00 to EUR 71.00

Published on 10/21/2026 at 16:06 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Organic sales fell 0.90 percent in first-quarter fiscal 2027. Pernod Ricard stock costs EUR 65.90 on October 21, 2026, down 1.76 percent versus the Xetra close.

RBC target raised to EUR 71.00

RBC raised its Pernod Ricard target from EUR 69.00 to EUR 71.00 on October 19, 2026.
Organic sales fell 0.90 percent in first-quarter fiscal 2027.
Pernod Ricard stock costs EUR 65.90 at Lang & Schwarz on October 21, 2026 at 4:02 p.m. CEST, 1.76 percent below the Xetra close.
The next annual general meeting is scheduled for November 20, 2026.

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Pernod Ricard (ISIN FR0000120693) received an RBC target increase from EUR 69.00 to EUR 71.00 on October 19, 2026, while the firm kept its Market Perform rating, MarketScreener reported. The target lies 7.74 percent above the EUR 65.90 price. Pernod Ricard stock was trading at EUR 65.90 at Lang & Schwarz on October 21, 2026 at 4:02 p.m. CEST, down 1.76 percent versus the Xetra close of October 20, 2026 at EUR 67.08.

RBC target leaves room for recovery

The RBC move followed Pernod Ricard's first-quarter fiscal 2027 sales update. The research firm made few changes to its forecasts and expected a 0.20 percent organic contraction in sales for the full fiscal year, according to MarketScreener. That combination leaves the revised target above the current euro price while retaining a neutral rating.

Sales fell in the first quarter

Pernod Ricard reported EUR 2,234.00 million of net sales for the first quarter of fiscal 2027 on October 15, 2026. Organic sales fell 0.90 percent and reported sales declined 6.30 percent. Sales dropped 10.00 percent in the United States and 25.00 percent in China, while Asia and the rest of the world grew 9.00 percent.

The company projected broadly stable organic net sales for fiscal 2027. It also targeted cash conversion of about 90.00 percent and net debt below 3.00 times operating earnings by fiscal 2029, according to its October 15, 2026 release.

Valuation and upcoming dates

Pernod Ricard's price-to-earnings ratio was 13.83 and its market capitalization was EUR 16.6 billion as of October 21, 2026. Its 52-week range was EUR 57.86 to EUR 90.34, placing the current price EUR 7.96 above the low and EUR 24.44 below the high.

The next annual general meeting is scheduled for November 20, 2026, followed by first-half fiscal 2027 sales and results on February 18, 2027, according to the company's investor calendar.

Comparison with peers

Pernod Ricard: down 1.76 percent, price-to-earnings ratio 13.83, market capitalization EUR 16.6 billion, as of October 21, 2026. Rémy Cointreau (Euronext Paris, EUR): up 0.40 percent, price-to-earnings ratio 33.27, market capitalization EUR 2.6 billion, as of October 21, 2026. Diageo (London Stock Exchange, GBp): down 0.46 percent, price-to-earnings ratio 30.01, market capitalization GBP 38.9 billion, as of October 21, 2026.

Stock remains below its yearly high

The current quote sits 27.04 percent below the 52-week high of EUR 90.34 and 13.91 percent above the 52-week low of EUR 57.86. The lower price-to-earnings ratio than the two named peers provides the clearest numerical contrast in the comparison, while the target increase offers a separate reference point for the stock.

The further course of trading is shown by the continuously updated real-time quote of Pernod Ricard stock.