Danone : Close to an important medium term support level
Entry price | Target | Stop-loss | Potential |
---|
€50.73 |
€54 |
€48.5 |
+6.45% |
---|
The medium term support area around 50.03 EUR should allow Danone shares to re-establish an upward trend in the short term.
Summary● Overall, and from a short-term perspective, the company presents an interesting fundamental situation.
● The company's Refinitiv ESG score, based on a ranking of the company relative to its industry, comes out particularly well.
Strengths● Over the last twelve months, the sales forecast has been frequently revised upwards.
● Analysts have consistently raised their revenue expectations for the company, which provides good prospects for the current and next years in terms of revenue growth.
Weaknesses● The company is in debt and has limited leeway for investment
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