Neutral performance after 5 years.
~ 1,000 Euro dividend.
Stop loss undercut
The British investment bank Barclays has lowered its price target for Danone from 85 to 82 euros, but left its rating at "Overweight".
The European food company's business should have held up quite well at home and in Asia, wrote Warren Ackerman in his outlook for the reporting season on Monday. However, currency headwinds are causing headaches and there are more questions about Latin America, for example.
However, the focus is likely to be on US consumer sentiment and the outlook there for the second half of the year.
