Shares of Rémy Cointreau SA (OTCMKTS:REMYY – Get Free Report) hit a new 52-week low during trading on Tuesday . The stock traded as low as $13.55 and last traded at $13.65, with a volume of 79288 shares. The stock had previously closed at $13.76.
Analyst Ratings Changes
Separately, Barclays cut shares of Rémy Cointreau from an “overweight” rating to an “underweight” rating in a report on Thursday, September 14th. Two equities research analysts have rated the stock with a sell rating, one has assigned a hold rating and two have assigned a buy rating to the stock. According to data from MarketBeat.com, Rémy Cointreau has an average rating of “Hold” and an average target price of $206.00.
Rémy Cointreau Stock Down 0.8 %
Rémy Cointreau Increases Dividend
The company also recently declared a dividend, which will be paid on Tuesday, October 17th. Shareholders of record on Wednesday, September 27th will be given a dividend of $0.322 per share. The ex-dividend date of this dividend is Tuesday, September 26th. This is an increase from Rémy Cointreau’s previous dividend of $0.09.
About Rémy Cointreau
Rémy Cointreau SA, together with its subsidiaries, engages in the production, sale, and distribution of liqueurs and spirits. The company operates through Rémy Martin, Liqueurs & Spirits, and Partner Brands segments. It offers liqueurs, brandy, gin, single malt whisky, rum, wine, and champagne primarily under the Cointreau, Metaxa, St-Rémy, Mount Gay, Bruichladdich, Port Charlotte, Octomore, The Botanist, Westland, LOUIS XIII, and Domaine des Hautes Glaces brands.
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