This section contains press releases and other materials from third parties (including paid content). The Globe and Mail has not reviewed this content. Please see disclaimer.

Bernstein Reaffirms Their Buy Rating on DANONE SA (0KFX)

Tipranks - Sat May 23, 6:52AM CDT

In a report released today, Callum Elliott from Bernstein maintained a Buy rating on DANONE SA, with a price target of €92.00.

Meet Samuel – Your Personal Investing Prophet

According to TipRanks, Elliott is an analyst with an average return of -5.7% and a 28.92% success rate. Elliott covers the Consumer Defensive sector, focusing on stocks such as Unilever, Nestlé SA, and Reckitt.

In addition to Bernstein, DANONE SA also received a Buy from Barclays’s Warren Ackerman in a report issued on May 11. However, yesterday, Deutsche Bank maintained a Sell rating on DANONE SA (LSE: 0KFX).

Based on DANONE SA’s latest earnings release for the quarter ending December 31, the company reported a quarterly revenue of €13.55 billion and a net profit of €784 million. In comparison, last year the company earned a revenue of €13.62 billion and had a net profit of €802 million

This article contains syndicated content. We have not reviewed, approved, or endorsed the content, and may receive compensation for placement of the content on this site. For more information please view the Barchart Disclosure Policy here.