Zacks Investment Research cut shares of Campari Group (OTCMKTS:DVDCY) from a hold rating to a sell rating in a report published on Tuesday.

According to Zacks, “Davide Campari Milano SpA is engaged in the beverage industry, which has spirits, wines and soft drinks segments. It products includes Aperol, Appleton Estate, Campari, SKYY, Wild Turkey and Grand Marnier. Davide Campari Milano SpA headquartered in Milan, Italy. “

Shares of Campari Group (DVDCY) opened at 7.14 on Tuesday. The company’s 50-day moving average is $7.13 and its 200 day moving average is $6.26. The stock has a market cap of $8.27 billion and a P/E ratio of 35.17. Campari Group has a 1-year low of $4.49 and a 1-year high of $7.39.

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Campari Group Company Profile

Davide Campari Milano SpA is an Italy-based company engaged in the beverage industry. It manufactures and distributes alcoholic and non-alcoholic beverages. The Company‘s business activities are divided into three segments. The Spirits segment comprises such internationally renowned brands as Campari, Wild Turkey, Old Smuggler, SKYY Vodka, Cynar and Grand Marnier, as well as local market brands, including Aperol, Cabo Wabo, Campari Soda, GlenGrant, Ouzo 12, and Brazilian brands Dreher, Old Eight and Drury’s, among others.

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