DAVIDE CAMPARI-/S (OTCMKTS:DVDCY) Stock Rating Upgraded by Zacks Investment Research

DAVIDE CAMPARI-/S (OTCMKTS:DVDCY) was upgraded by Zacks Investment Research from a “sell” rating to a “hold” rating in a research note issued to investors on Tuesday, Zacks.com reports.

According to Zacks, “Davide Campari Milano SpA is engaged in the beverage industry, which has spirits, wines and soft drinks segments. It products includes Aperol, Appleton Estate, Campari, SKYY, Wild Turkey and Grand Marnier. Davide Campari Milano SpA headquartered in Milan, Italy. “

Several other brokerages have also recently commented on DVDCY. Deutsche Bank cut shares of DAVIDE CAMPARI-/S from a “buy” rating to a “hold” rating in a research note on Thursday, March 12th. Morgan Stanley assumed coverage on shares of DAVIDE CAMPARI-/S in a research note on Monday, April 20th. They set an “underweight” rating for the company. Sanford C. Bernstein raised shares of DAVIDE CAMPARI-/S from a “market perform” rating to an “outperform” rating in a research note on Monday, June 8th. Finally, Citigroup cut shares of DAVIDE CAMPARI-/S from a “neutral” rating to a “sell” rating in a research note on Thursday, May 28th. Two investment analysts have rated the stock with a sell rating, four have issued a hold rating and two have given a buy rating to the company. The company currently has an average rating of “Hold” and an average price target of $10.00.

DVDCY opened at $9.00 on Tuesday. The company has a market capitalization of $10.36 billion, a price-to-earnings ratio of 34.62 and a beta of 0.88. The company has a quick ratio of 0.95, a current ratio of 1.49 and a debt-to-equity ratio of 0.15. The firm has a 50-day moving average price of $8.18 and a 200-day moving average price of $8.28. DAVIDE CAMPARI-/S has a twelve month low of $5.70 and a twelve month high of $10.00.

DAVIDE CAMPARI-/S Company Profile

Davide Campari-Milano S.p.A., together with its subsidiaries, manufactures and trades in alcoholic and non-alcoholic beverages in the Americas, Europe, the Middle East, Africa, Europe, and the Asia-Pacific. Its product portfolio includes aperitifs, vodka, whisky, tequila, rum, gin, liqueurs, sparkling and still wines, and ready to drink products under approximately 50 brands.

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Analyst Recommendations for DAVIDE CAMPARI-/S (OTCMKTS:DVDCY)

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