Zacks Investment Research Downgrades DAVIDE CAMPARI-/S (DVDCY) to Hold

Zacks Investment Research downgraded shares of DAVIDE CAMPARI-/S (OTCMKTS:DVDCY) from a buy rating to a hold rating in a research report released on Tuesday morning.

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. “

Separately, Deutsche Bank upgraded shares of DAVIDE CAMPARI-/S from a hold rating to a buy rating and set a $9.00 price objective for the company in a research report on Wednesday, December 5th.

Shares of DAVIDE CAMPARI-/S stock opened at $8.79 on Tuesday. The stock has a market capitalization of $9.93 billion, a price-to-earnings ratio of 39.95, a PEG ratio of 4.38 and a beta of 0.69. DAVIDE CAMPARI-/S has a fifty-two week low of $7.01 and a fifty-two week high of $9.05. The company has a debt-to-equity ratio of 0.49, a current ratio of 3.41 and a quick ratio of 2.04.

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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