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Analysts Offer Insights on Consumer Goods Companies: DANONE SA (GB:0KFX) and EDENRED (GB:0MUM)

There’s a lot to be optimistic about in the Consumer Goods sector as 2 analysts just weighed in on DANONE SA (GB:0KFXResearch Report) and EDENRED (GB:0MUMResearch Report) with bullish sentiments.

DANONE SA (GB:0KFX)

In a report issued on April 18, Jon Cox from Kepler Capital maintained a Buy rating on DANONE SA, with a price target of EUR70.00. The company’s shares closed last Friday at EUR59.29.

Cox has an average return of 3.1% when recommending DANONE SA.

According to TipRanks.com, Cox is ranked #4271 out of 8786 analysts.

DANONE SA has an analyst consensus of Moderate Buy, with a price target consensus of EUR66.09, implying an 11.8% upside from current levels. In a report issued on April 6, Morgan Stanley also maintained a Buy rating on the stock with a EUR67.00 price target.

See today’s best-performing stocks on TipRanks >>

EDENRED (GB:0MUM)

In a report issued on April 18, Julien Richer from Kepler Capital maintained a Buy rating on EDENRED, with a price target of EUR65.00. The company’s shares closed last Friday at EUR44.23.

Richer has an average return of 0.9% when recommending EDENRED.

According to TipRanks.com, Richer is ranked #1591 out of 8786 analysts.

Currently, the analyst consensus on EDENRED is a Moderate Buy with an average price target of EUR62.08, a 31.8% upside from current levels. In a report issued on April 18, Stifel Nicolaus also maintained a Buy rating on the stock with a EUR68.00 price target.

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