News

UK: Campari coverage initiated

Most popular

Pernod is back in Kentucky, but why did it leave?

Anheuser-Busch InBev Performance Trends 2014-2018

The opportunity for no-alcohol in the on-premise

Why brown spirits is behind low- & no-alc curve

Which drinks companies will be hit by cool weather

MORE

Citigroup Smith Barney has initiated coverage of Davide Campari-Milano. The US broker has set a 'buy' recommendation for Campari.

In setting a price target of €64 for the drinks company, Citigroup highlighted Campari's management, strong compound annual growth rate (CAGR), operating profit and strong cash generation.

Citigroup also said that Campari has a €400m war-chest to finance acquisitions and will probably look to buy small spirits producers. The group itself could also be a target, the broker added.


Sectors: Spirits

Companies: Campari

Related Content

ITALY: Campari eyes whisky market - report

ITALY: Campari eyes whisky market - report...

Budweiser Brewing Group - The end of Anheuser-Busch InBev? - just-drinks thinks

Budweiser Brewing Group - The end of Anheuser-Busch InBev? - just-drinks thinks...

Campari Group rolls out third Red Diaries film 'Entering Red' – video

Campari Group rolls out third Red Diaries film 'Entering Red' – video...

Campari sticks with Red Diaries film series as Negroni turns 100 - video

Campari sticks with Red Diaries film series as Negroni turns 100 - video...

Oops! This article is copy protected.

Why can’t I copy the text on this page?

The ability to copy articles is specially reserved for people who are part of a group membership.

How do I become a group member?

To find out how you and your team can copy and share articles and save money as part of a group membership call Sean Clinton on
+44 (0)1527 573 736 or complete this form..



Forgot your password?