J.P. Morgan Sticks to Their Buy Rating for DANONE SA (0KFX)
J.P. Morgan analyst Celine Pannuti CFA maintained a Buy rating on DANONE SA today and set a price target of €90.00.
Claim 50% Off TipRanks Premium
- Unlock hedge fund-level data and powerful investing tools for smarter, sharper decisions
- Stay ahead of the market with the latest news and analysis and maximize your portfolio's potential
Pannuti CFA covers the Consumer Defensive sector, focusing on stocks such as L’Oreal, DANONE SA, and Nestlé SA. According to TipRanks, Pannuti CFA has an average return of -2.4% and a 41.26% success rate on recommended stocks.
In addition to J.P. Morgan, DANONE SA also received a Buy from TipRanks – OpenAI’s OpenAI Consumer Defensive GB in a report issued on February 3. However, on February 4, Deutsche Bank maintained a Sell 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
Read More on GB:0KFX:
Disclaimer & DisclosureReport an Issue
- Danone price target lowered to EUR 75 from EUR 87 at Morgan Stanley
- Danone: Proactive Risk Management and Strong Governance Underpin Buy Rating Despite Infant Formula Recall Noise
- Danone to withdraw limited number of specific batches of infant formula products
- Danone price target lowered to EUR 86 from EUR 88 at Jefferies
- Danone downgraded to Sell from Hold at Deutsche Bank
