date:Apr 17, 2014
move to being the fastest growth big-cap consumer company from H2 2014, but for now is somewhat of a gamble based upon the success of the Chinese infant formula relaunch, which has little visibility thus far, said Jefferies analysts in a note, keeping a hold rating on the stock.
Danone shares, which have gained 1.8 percent so far this year, are trading at around 18.80 times forecast earnings, in line with Nestle and slightly below the 19.02 times for Unilever, according to Thomson Reuters data