Remy Cointreau Can Toast a Better Future -- Market Talk

Dow Jones

06/05

0852 GMT - Green shoots are appearing for Remy Cointreau, Jefferies says in a note. The cognac distiller said this week it is confident of returning to sales growth over the coming year as it aims to leave behind a period of declining revenue and earnings as squeezed consumers cut back on the group's high-end brandy. "Whilst the external environment remains subdued, visibility on earnings is improving." Jefferies says. The bank has a buy rating on the company and a 52 euro price target on its Paris-listed stock. (joshua.kirby@wsj.com; @joshualeokirby)

(END) Dow Jones Newswires

June 05, 2026 04:52 ET (08:52 GMT)

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The cognac distiller said this week it is confident of returning to sales growth over the coming year as it aims to leave behind a period of declining revenue and earnings as squeezed consumers cut back on the group's high-end brandy. \"Whilst the external environment remains subdued, visibility on earnings is improving.\" Jefferies says. The bank has a buy rating on the company and a 52 euro price target on its Paris-listed stock. 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The cognac distiller said this week it is confident of returning to sales growth over the coming year as it aims to leave behind a period of declining revenue and earnings as squeezed consumers cut back on the group's high-end brandy. \"Whilst the external environment remains subdued, visibility on earnings is improving.\" Jefferies says. The bank has a buy rating on the company and a 52 euro price target on its Paris-listed stock. 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The cognac distiller said this week it is confident of returning to sales growth over the coming year as it aims to leave behind a period of declining revenue and earnings as squeezed consumers cut back on the group's high-end brandy. \"Whilst the external environment remains subdued, visibility on earnings is improving.\" Jefferies says. The bank has a buy rating on the company and a 52 euro price target on its Paris-listed stock. (joshua.kirby@wsj.com; @joshualeokirby) \n\n\n \n\n\n  (END) Dow Jones Newswires\n\n\n  June 05, 2026 04:52 ET (08:52 GMT)\n\n\n  Copyright (c) 2026 Dow Jones & Company, Inc.","kind":"highlight","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":true,"editions":null,"column":"","sentiment":"1","news_tag":"","news_rank":0,"isVideo":false,"video":null,"symbols":[],"gpt_button":0,"need_auth":true,"need_login_tip":false,"code":"91000000","status":"200"}}}