UBS maintains neutral stance on Pernod Ricard amid market challenges

Pernod Ricard has been given a "Neutral" rating by UBS, with a price target of €138, based on insights from a recent industry conference.

According to analyst Sanjeet Aujla, the company is facing more challenges than opportunities in the current market environment. However, Pernod Ricard is actively taking steps to address these negative trends, such as introducing new products in the United States and implementing strategic measures.

The report, published on November 13, 2024, reflects UBS's cautious outlook on the company's performance in light of ongoing market pressures.

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