20 hours ago
Barclays Sticks to Their Hold Rating for JDE Peet's NV (JDEP)
In a report released on July 2, Patrick Folan from Barclays maintained a Hold rating on JDE Peet's NV, with a price target of €24.40. The company's shares closed yesterday at €24.50.
Don't Miss TipRanks' Half-Year Sale
Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.
Make smarter investment decisions with TipRanks' Smart Investor Picks, delivered to your inbox every week.
Folan covers the Consumer Defensive sector, focusing on stocks such as JDE Peet's NV, Henkel AG & Co. KGaA, and Orkla ASA. According to TipRanks, Folan has an average return of -6.2% and a 37.70% success rate on recommended stocks.
Currently, the analyst consensus on JDE Peet's NV is a Hold with an average price target of €23.79, which is a -2.90% downside from current levels. In a report released yesterday, Deutsche Bank also maintained a Hold rating on the stock with a €24.00 price target.