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

Tipranks - Sat Feb 21, 5:08AM CST

Bernstein analyst Callum Elliott maintained a Buy rating on DANONE SA today and set a price target of €92.00.

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According to TipRanks, Elliott is a 3-star analyst with an average return of 2.2% and a 55.26% success rate. Elliott covers the Consumer Defensive sector, focusing on stocks such as Nestlé SA, DANONE SA, and L’Oreal.

In addition to Bernstein, DANONE SA also received a Buy from Jefferies’s David Hayes in a report issued today. However, on the same day, RBC Capital maintained a Hold rating on DANONE SA (LSE: 0KFX).

Based on DANONE SA’s latest earnings release for the quarter ending June 30, the company reported a quarterly revenue of €13.74 billion and a net profit of €1.04 billion. In comparison, last year the company earned a revenue of €13.76 billion and had a net profit of €1.22 billion

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