Report
Pierre Tegner

Danone : General Mills sells Yoplait to Lactalis and Sodiaal in the US and Canada

>Outperform maintained and target price raised to € 71 - Outperform rating maintained and target price raised to € 71 (DCF). The stock has clearly stood out over the past three months compared to the major European Food HPC stocks and some investors remain vigilant, as do we, about the M&A opportunities that the group could seize after two years of refocusing and the recovery of operational discipline. While upside may appear limited in the very short term, we still a...
Underlying
Danone SA

Danone is engaged in activities in the global food and beverages industry. Co. operates in four markets: Fresh Dairy Products (Co. produces and sells yogurts, fermented dairy products and other fresh dairy products); Waters (Co. produces and sells natural waters as well as flavored and vitamin-enriched waters products); Early Life Nutrition (Co. produces baby formula, milk-and fruit-based desserts, cereals, small pots of baby food and ready-made baby food); and Medical Nutrition (Co. develops adult and pediatric clinical nutrition products to be taken orally, or through a catheter in the event of malnutrition related to illness or other causes).

Provider
Oddo BHF
Oddo BHF

​Oddo Securities provides securities brokerage and research services. The company offers equity, economic, and derivatives research and credit analysis services. It focuses on insurance, automotive, building materials, pharmaceuticals, telecommunications, information technology, and agri-food industries.

Analysts
Pierre Tegner

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