Campari: share price rises, UBS remains Buy
UBS reaffirms its 'buy' recommendation on Campari, as well as its price target of 12 euros, a target which implies a potential upside of 38% for the share of the Italian spirits house, which operates brands such as Campari, Aperol and Grand Marnier.
While the broker expects second-quarter organic sales growth of 6.4%, slightly below consensus due to less favorable weather in Europe, he believes this is in line with or above buyers' expectations.
Copyright (c) 2024 CercleFinance.com. All rights reserved.
Go to the original article.
Contact us to request a correction