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Already positive, the research from Barclays and its analyst Warren Ackerman still consider the stock as a Buy opportunity. The target price is unchanged at EUR 70.
Barclays analyst Warren Ackerman maintains his Buy rating on the stock. The target price differs slightly and is now set at EUR 70 versus EUR 72.
By Richa Naidu LONDON (Reuters) – Nestle reported full-year organic sales growth slightly below expectations on Thursday as the world’s biggest packaged food company continued to hike prices, prompting some shoppers to turn to competing brands. Shares fell more than 4% in early London trade to hit their lowest in almost four years. Investors worry…
Warren Ackerman from Barclays retains his positive opinion on the stock with a Buy rating. The target price is unchanged at GBX 4600.
Unilever, the maker of Dove soap and Ben & Jerry's ice cream, struggled to defend fourth-quarter grocery store market share across most of its categories in Europe and the United States, data shows, as it ceded some of its turf to private labels and cut products. The food and consumer products industry has increased prices sharply on basic goods in recent years to make up for soaring input costs that began with the pandemic and were exacerbated by Russia's invasion of Ukraine. These hikes prompted a cost of living crisis in Europe and the United States, and eventually pushed ...