Pernod Ricard, FR0000120693

RBC raises target for Pernod Ricard stock from EUR 69 to EUR 71

Published on 10/27/2026 at 15:53 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Sales fell 0.9 percent on October 15, 2026. Pernod Ricard stock costs EUR 66.46 on October 27, 2026, 1.48 percent below Xetra close.

RBC target and sales figures

RBC raised its Pernod Ricard target from EUR 69.00 to EUR 71.00 on October 19, 2026.
First-quarter fiscal 2027 sales declined 0.90 percent organically on October 15, 2026.
Pernod Ricard stock costs EUR 66.46 at Lang & Schwarz on October 27, 2026, 1.48 percent below the Xetra close of EUR 67.46.
The annual general meeting is scheduled for November 20, 2026.

Pernod Ricard, FR0000120693, Illustration mit AI erstellt.

Pernod Ricard (ISIN FR0000120693) received a higher RBC Capital price target of EUR 71.00 from EUR 69.00 on October 19, 2026, while the rating stayed at Market Perform, according to Boursorama. The target is 6.83 percent above the EUR 66.46 share price. Pernod Ricard stock was trading at EUR 66.46 at Lang & Schwarz on October 27, 2026 at 3:41 p.m. CET, down 1.48 percent versus the Xetra close of October 26, 2026 at EUR 67.46.

First-quarter sales fell 0.90 percent

The latest operating update points to a mixed regional picture. In its first-quarter fiscal 2027 release dated October 15, 2026, Pernod Ricard reported net sales of EUR 2,234 million, down 0.90 percent organically and 6.30 percent on a reported basis. Sales declined 10.00 percent in the United States and 25.00 percent in China, while Asia-Rest of World sales rose 9.00 percent and India increased 19.00 percent.

Stock sits 23.87 percent below its high

The EUR 66.46 quote stands 23.87 percent below the 52-week high of EUR 87.30 and 14.79 percent above the 52-week low of EUR 57.90, both as of October 27, 2026. Pernod Ricard had a market capitalization of EUR 16.7 billion and a P/E ratio of 13.95 on that date. The company is listed on Euronext Paris and belongs to the CAC 40.

Bond financing precedes key dates

Pernod Ricard completed a EUR 1.5 billion hybrid bond issuance on October 22, 2026, split into two EUR 750 million tranches with coupons of 5.625 percent and 6.125 percent, according to Pernod Ricard. The proceeds will support general corporate purposes and a tender offer for seven existing note series. Settlement is scheduled for October 28, 2026.

The next two scheduled dates are the annual general meeting on November 20, 2026, and the first-half fiscal 2027 sales and results release on February 18, 2027, according to the company's investor calendar.

Price remains below the analyst target

RBC's revised target places the stock above its current euro price, but the share remains below its yearly high. The next market test combines the company's cost controls and debt refinancing with the cautious sales outlook for the United States and China.

The stock was trading at EUR 66.46 at Lang & Schwarz on October 27, 2026 at 3:41 p.m. CET, 1.48 percent below the Xetra close of October 26, 2026 at EUR 67.46. The further course of trading is shown by the continuously updated real-time quote of Pernod Ricard stock.