Pernod Ricard, FR0000120693

RBC raises target for Pernod Ricard stock to EUR 71.00

Published on 10/26/2026 at 15:46 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Q1 sales hit EUR 2.23 billion on October 15, 2026. Pernod Ricard stock costs EUR 67.84 on October 26, 2026, plus 0.30 percent versus Xetra close.

Target raised and sales dated

RBC lifted its Pernod Ricard target from EUR 69.00 to EUR 71.00 on October 19, 2026.
First-quarter FY27 net sales totaled EUR 2.23 billion, down 6.30 percent reported.
Pernod Ricard stock costs EUR 67.84 at Lang & Schwarz on October 26, 2026 at 3:36 p.m. CEST, 0.30 percent above the Xetra close of October 23, 2026.
The next scheduled company date is the annual general meeting on November 20, 2026.

Pernod Ricard, FR0000120693, Illustration mit AI erstellt.

RBC raised its price target for Pernod Ricard from EUR 69.00 to EUR 71.00 while retaining a Market Perform rating on October 19, 2026, according to Boursorama. The target lies 4.66 percent above the EUR 67.84 price. Pernod Ricard was trading at EUR 67.84 at Lang & Schwarz on October 26, 2026 at 3:36 p.m. CEST, plus 0.30 percent versus the Xetra close of October 23, 2026 at EUR 67.64.

First-quarter sales set the backdrop

Pernod Ricard reported EUR 2.23 billion in net sales for the first quarter of fiscal 2027 on October 15, 2026. Reported sales fell 6.30 percent, while organic net sales declined 0.90 percent, according to the company's Pernod Ricard.

The regional split remained important for the valuation debate. Sales declined 10.00 percent in the United States and 25.00 percent in China, while India grew 19.00 percent and the rest of the world rose 4.00 percent. The company expects full-year organic net sales to remain broadly stable.

Stock sits below its yearly high

The EUR 67.84 price was 22.91 percent below the 52-week high of EUR 88.00 and 17.17 percent above the low of EUR 57.90. Pernod Ricard's market capitalization was EUR 17.0 billion and its price-to-earnings ratio was 14.13 on October 26, 2026.

What dates and valuation matter?

The annual general meeting is scheduled for November 20, 2026, followed by first-half fiscal 2027 sales and results on February 18, 2027. The company targets net debt below three times earnings before interest, taxes, depreciation and amortization by fiscal 2029, while strategic investments are expected to be no more than EUR 700.00 million in the medium term.

Comparison with peers

Pernod Ricard: plus 0.30 percent on October 26, 2026, price-to-earnings ratio 14.13, market capitalization EUR 17.0 billion.

Diageo (LSE, GBp): minus 0.78 percent on October 26, 2026, price-to-earnings ratio 30.39, market capitalization GBP 39.5 billion.

Remy Cointreau (Euronext Paris, EUR): minus 1.25 percent on October 26, 2026, price-to-earnings ratio 34.33, market capitalization EUR 2.7 billion.

Target revision leaves a modest gap

RBC's EUR 71.00 target leaves a 4.66 percent distance above the Lang & Schwarz price. The contrast is clear: the target moved higher, but the rating stayed at Market Perform while the latest quarter still showed pressure in the United States and China.

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