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Deutsche Bank Sticks to Their Sell Rating for DANONE SA (0KFX)

Tipranks - Tipranks - Thu Feb 5, 10:26PM CST

Deutsche Bank analyst Tom Sykes maintained a Sell rating on DANONE SA yesterday and set a price target of €66.00. The company’s shares closed last Tuesday at €71.88.

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According to TipRanks, Sykes is a 3-star analyst with an average return of 2.1% and a 50.97% success rate. Sykes covers the Consumer Defensive sector, focusing on stocks such as L’Oreal, DANONE SA, and Nestlé SA.

Currently, the analyst consensus on DANONE SA is a Moderate Buy with an average price target of €84.38.

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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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