Danone: Stifel remains Buy ahead of sales figures

(CercleFinance.com) - Stifel reaffirms its 'buy' recommendation and 72 euro price target on Danone, anticipating organic sales growth of 3.
7% for the food group in the third quarter, driven by an accelerating volume-mix effect of +3.3%.

We believe that the group is well positioned to take full advantage of the growing attention paid by consumers to health", also judges the broker, pointing to the group's abandonment of its under-performing brands.

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