Rémy Cointreau's price target has been lowered by UBS from 71 to 65 euros, but the brokerage still maintains a 'neutral' rating on the stock. This adjustment reflects a potential upside of 8% for the French spirits company.
The revisions in the earnings per share (EPS) forecasts for fiscal years 2025, 2026, and 2027 have been made by UBS, reducing expectations by approximately 18%, 24%, and 18% respectively. These revisions are a result of a slower-than-expected recovery in the U.S. market and the impact of tariffs on cognac exports to China. It is anticipated that these factors will affect margins in fiscal 2026.
Investors should take these factors into consideration when evaluating their positions in Rémy Cointreau.