Pernod Ricard, FR0000120693

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

Published on 10/23/2026 at 15:59 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Sales fell 6.30 percent in the first quarter. Pernod Ricard stock costs EUR 68.10 on October 23, 2026, plus 0.53 percent versus Xetra close.

Analyst target and sales

RBC lifted its Pernod Ricard target from EUR 69.00 to EUR 71.00 on October 19, 2026.
First-quarter FY27 sales fell 6.30 percent to EUR 2.23 billion on October 15, 2026.
Pernod Ricard stock costs EUR 68.10 at Lang & Schwarz on October 23, 2026 at 3:40 p.m. CEST, plus 0.53 percent versus the Xetra close of October 22, 2026.
Pernod Ricard will hold its annual general meeting on November 20, 2026.

Handelsraum mit CAC-40-Charts und Pariser Skyline, Pernod Ricard S.A. FR0000120693 Börse — Börsen-Editorial zeigt den Handelsraum der Euronext Paris mit CAC-40-Charts von Pernod Ricard S.A. FR0000120693, Illustration mit AI erstellt.

Pernod Ricard (ISIN FR0000120693) is trading at EUR 68.10 at Lang & Schwarz on October 23, 2026 at 3:40 p.m. CEST, plus 0.53 percent versus the Xetra close of October 22, 2026. On October 19, 2026, RBC raised its price target from EUR 69.00 to EUR 71.00 while retaining a Market Perform rating, as Boursorama reported. The new target stands 4.26 percent above the Lang & Schwarz price.

First-quarter sales fell 6.30 percent

Pernod Ricard reported EUR 2.23 billion of net sales for the first quarter of fiscal 2027 on October 15, 2026, down 6.30 percent from EUR 2.38 billion a year earlier. The company also reported organic net sales down 0.90 percent, while volumes increased 6.00 percent. The figures came from Pernod Ricard.

China and India split the picture

Regional performance remained sharply divided in the first quarter. Sales in China fell 25.00 percent and sales in the United States declined 10.00 percent, while India grew 19.00 percent. Sales in Asia and the rest of the world increased 9.00 percent, but Europe fell 6.00 percent. Management maintained its fiscal 2027 outlook for broadly stable organic net sales.

Valuation and upcoming dates

Pernod Ricard had a market capitalization of EUR 17.3 billion and a price-to-earnings ratio of 14.34 as of October 23, 2026. Its 52-week range was EUR 57.90 to EUR 88.80, placing the Lang & Schwarz price 23.31 percent below the high. The next scheduled corporate date is the annual general meeting on 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: plus 0.53 percent, price-to-earnings ratio 14.34, market capitalization EUR 17.3 billion, as of October 23, 2026.

Remy Cointreau (Euronext Paris, EUR): plus 0.38 percent, price-to-earnings ratio 34.77, dividend yield 0.01 percent, as of October 23, 2026.

Diageo (LSE, GBp): plus 0.70 percent, price-to-earnings ratio 30.87, dividend yield 0.02 percent, as of October 23, 2026.

Target rises while sales remain under pressure

RBC's EUR 71.00 target offers a measured distance above the current euro quote, while the latest sales report shows why the analyst retained a neutral rating. The stock remains well below its 52-week high even as volume growth and India's 19.00 percent advance provide counterweights to weakness in China and the United States. The further course of trading is shown by the continuously updated real-time quote of Pernod Ricard stock.