Deutsche Bank raises target for Pernod Ricard stock from EUR 61 to EUR 63

Pernod Ricard (ISIN FR0000120693) was trading at EUR 58.41 at Lang & Schwarz on October 2, 2026 at 4:01 p.m. CEST, down 1.02 percent versus the prior close of EUR 59.01. As Ideal Investisseur reported on September 30, 2026, Deutsche Bank raised its price target from EUR 61.00 to EUR 63.00 while retaining a Hold rating.

Deutsche Bank keeps a cautious target

The target increase did not erase the weaker operating backdrop. Deutsche Bank lowered its forecast for organic revenue growth in fiscal 2026/27 to minus 0.30 percent from minus 0.10 percent and projected a 2.40 percent decline in organic operating profit, compared with a previous estimate of minus 2.10 percent, according to the same September 30 report.

At the Lang & Schwarz price, the EUR 63.00 target lies 7.86 percent above EUR 58.41. That gap gives the analyst action more context than the target increase alone, while the unchanged Hold rating signals that the revised valuation does not amount to a clear bullish call.

FY2026 sales show the pressure

Ideal Investisseur reported that Pernod Ricard's fiscal 2026 revenue was EUR 9.404 billion, down 14.20 percent, while net income stood at EUR 1.203 billion. The figures underline why analysts are separating near-term trading support from a full operating recovery.

The company linked the latest reporting period to a difficult demand environment in major markets, while its investor calendar identifies first-quarter fiscal 2027 sales for October 15, 2026. Pernod Ricard also lists the fiscal 2027 first-half sales and results for February 18, 2027.

Price remains near the yearly low

The EUR 58.41 Lang & Schwarz quote stands EUR 0.43 above the finance-data 52-week low of EUR 57.98 and EUR 31.93 below the high of EUR 90.34, both as of October 2, 2026. Market capitalization was EUR 14.7 billion, and volume was 325,370 shares in the Euronext Paris quote context.

Pernod Ricard is listed on Euronext Paris under ticker RI and belongs to the CAC 40, according to Business Wire on September 16, 2026. The next dated operating test is the October 15 sales release, which will show whether the new fiscal year begins to narrow the gap between the cautious earnings picture and the higher analyst target.

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

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