Danone: more adjustments











Photo credit © Danone


(Boursier.com) — Danone returns to 51 euros on Wednesday, down 1.5%, while the broker Jefferies remains buying on the file, but with an adjusted target down from 64 to 58.50 euros. Berenberg had already adjusted the sights on the food group from 54 to 50 euros with advice to ‘sell’ after the presentation of its new strategic plan. RBC also revised its target price down to 49 euros, while Bernstein was back to ‘outperformance’ by targeting a price of 56 euros. Credit Suisse had for its part reduced its target to 54 euros with a ‘neutral’ opinion. In the longer term, the challenge remains significant for Danone to achieve the growth rates likely to be achieved elsewhere in the sector…


©2022 Boursier.com






Source link -87