DAVIDE CAMPARI-/S (OTCMKTS:DVDCY) Rating Increased to Hold at 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 Friday, 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. “

DVDCY has been the subject of several other research reports. Sanford C. Bernstein upgraded DAVIDE CAMPARI-/S from an “underperform” rating to a “market perform” rating in a research report on Tuesday, September 10th. ValuEngine upgraded DAVIDE CAMPARI-/S from a “sell” rating to a “hold” rating in a research report on Wednesday. Four investment analysts have rated the stock with a hold rating and one has given a buy rating to the company. DAVIDE CAMPARI-/S presently has a consensus rating of “Hold” and a consensus price target of $10.00.

Shares of DAVIDE CAMPARI-/S stock opened at $9.03 on Friday. DAVIDE CAMPARI-/S has a one year low of $8.21 and a one year high of $10.35. The business has a 50-day simple moving average of $9.12 and a 200-day simple moving average of $9.47. The company has a market cap of $10.25 billion, a PE ratio of 36.12, a P/E/G ratio of 4.48 and a beta of 0.51.

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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