In a report released today, Feng Zhang from Jefferies maintained a Buy rating on JDE Peet’s NV, with a price target of €29.00.
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Feng Zhang has given his Buy rating due to a combination of factors that reflect a positive outlook for JDE Peet’s NV. The company’s pricing power and reduced elasticity have led to an optimistic forecast for organic sales growth, expected to reach 17% by FY25 compared to the previous estimate of 9%. Additionally, the EBIT for FY25 is projected to turn positive, indicating a significant improvement from earlier expectations.
Management’s efforts to streamline operations and introduce new SKUs are anticipated to enhance efficiencies further. Moreover, the containment of tariff risks and the potential for coffee deflation present opportunities for reinvestment, which have not yet been factored into current forecasts. These elements contribute to a favorable investment perspective, supporting the Buy rating.
According to TipRanks, Zhang is a 3-star analyst with an average return of 25.0% and a 100.00% success rate.
In another report released on August 1, TR | OpenAI – 4o also reiterated a Buy rating on the stock with a €29.00 price target.