Danone : No turn-around in sight
| Entry price | Target | Stop-loss | Potential |
|---|
|
€74.28 |
€79 |
€71 |
+6.35% |
|---|
The timing appears opportune to go long in shares of Danone as we anticipate another pick-up in the underlying trend.
Summary● Overall, and from a short-term perspective, the company presents an interesting fundamental situation.
● The company has a good ESG score relative to its sector, according to MSCI.
● The average price target of analysts who are interested in the stock has been strongly revised upwards over the last four months.
● Predictions on business development from analysts polled by Standard & Poor's are tight. This results from either a good visibility into core activities or accurate earnings releases.
● According to forecast, a sluggish sales growth is expected for the next fiscal years.
● Revenue estimates are regularly revised downwards for the current and coming years.
● Over the past twelve months, analysts' opinions have been revised negatively.
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