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

Tipranks - Tipranks - Tue Jan 20, 9:20AM CST

Jefferies analyst David Hayes maintained a Buy rating on DANONE SA today and set a price target of €86.00.

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According to TipRanks, Hayes is a 3-star analyst with an average return of 1.8% and a 53.85% success rate. Hayes covers the Consumer Defensive sector, focusing on stocks such as Reckitt, Unilever, and L’Oreal.

In addition to Jefferies, DANONE SA also received a Buy from UBS’s Guillaume Delmas in a report issued on January 15. However, today, Berenberg Bank maintained a Hold rating on DANONE SA (LSE: 0KFX).

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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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