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Barclays Remains a Buy on DANONE SA (0KFX)

Tipranks - Tipranks - Sat Jan 24, 1:52AM CST

In a report released today, Warren Ackerman from Barclays maintained a Buy rating on DANONE SA, with a price target of €83.00.

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Ackerman covers the Consumer Defensive sector, focusing on stocks such as Unilever, Chocoladefabriken Lindt & Spruengli AG, and Associated British Foods. According to TipRanks, Ackerman has an average return of 2.4% and a 53.57% success rate on recommended stocks.

In addition to Barclays, DANONE SA also received a Buy from UBS’s Guillaume Delmas in a report issued yesterday. However, on January 20, Deutsche Bank maintained a Sell 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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