2024-01-15 14:26:00
(CercleFinance.com) – The stock rose by almost 1%, benefiting from the increase in UBS’s recommendation.
The analysis office raises its advice on the stock to buy (instead of sell) with a price target which increases to 70 E (compared to 47.5 E) which represents a potential increase of 15% compared to the price current.
‘The benefits of the in-depth transformation of the portfolio and significant reinvestments will become visible in 2024, which will lead to revaluations and reclassification in the medium term’ indicates UBS.
Danone has indicated that it now expects revenue growth of between +6% and +7% on a comparable basis for the current year, compared to +4% and +6% previously, with a moderate improvement in current operating margin confirmed. .
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