(AOF) – Barclays raised its price target on Rémy Cointreau from 234 to 262 euros while reiterating its recommendation to Overweight. The broker praised the exceptionally strong semester of the cognac maker. The results have largely exceeded the consensus, adds the design office. The latter observes that the group has achieved in two years its 2030 objective of a current operating margin of 33%. According to him, Rémy Cointreau still has vast growth prospects.
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