JDE Peet’s (OTCMKTS:JDEPF) has been assigned a consensus rating of “Hold” from the eight brokerages that are currently covering the stock, MarketBeat Ratings reports. Three investment analysts have rated the stock with a sell rating, four have assigned a hold rating and one has issued a buy rating on the company.
JDEPF has been the topic of a number of research reports. Societe Generale reissued a “sell” rating on shares of JDE Peet’s in a research note on Friday, August 6th. Oddo Bhf assumed coverage on shares of JDE Peet’s in a research report on Tuesday, June 1st. They set a “neutral” rating on the stock. JPMorgan Chase & Co. downgraded shares of JDE Peet’s from an “overweight” rating to a “neutral” rating in a report on Wednesday, July 28th. Finally, Berenberg Bank downgraded shares of JDE Peet’s from a “buy” rating to a “hold” rating in a report on Wednesday, August 11th.
Shares of JDE Peet’s stock opened at $31.50 on Friday. The firm’s 50-day moving average price is $34.39 and its 200 day moving average price is $37.10. JDE Peet’s has a twelve month low of $31.00 and a twelve month high of $43.00.
JDE Peet's N.V., together with its subsidiaries, provides various coffee and tea products and solutions to serve consumer needs worldwide. The company operates through CPG Europe, CPG LARMEA, CPG APAC, Out-of-Home, and Peet's segments. It provides multi-serve coffee, single-serve and double-shot coffee capsules, pads and pods, instant coffee and instant mixes, whole beans, ready-to-drink coffee beverages, professional coffee systems and solutions, and various tea products.
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