Danone: Stifel still a buyer ahead of sales

(CercleFinance.com) - Stifel has confirmed its 'buy' rating and E72 target price on Danone shares, anticipating organic sales growth of 3.
7% for the food group in Q3, driven by an accelerating volume-mix effect of +3.3%.

We believe that the group is in a good position to take full advantage of the growing attention paid by consumers to health, the broker also believes, pointing to the group abandoning its underperforming brands.


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