The French-based investment bank, BNP Paribas, has announced that it has raised its rating on the major international drinks group, Pernod Ricard, Diageo and Allied Domecq.
The bank has raised its rating on the French drinks company, Pernod Ricard, from “underperform” to “neutral”, with a target price of €111.
BNP Paribas also said it had raised its recommendation on the UK-based drinks giant, Diageo, from “neutral” to “outperform” with a price target of 825p, and on Allied from “underperform” to “outperform”, with a price target of 420p.
