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Barclays Sticks to Their Hold Rating for JDE Peet's NV (JDEP)

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.
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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.
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