Bonduelle: recommendation from Bonduelle analysts GOOD | FR0000063935



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Oddo analyst BHF announced today that it would maintain a recommendation for its purchase of Bonduelle shares, after the group announced it would enter into an agreement to acquire a packaging plant in Pennsylvania.

This factory, intended for packaging frozen products, has a capacity of 45,000 tons on 7 packaging lines and has 140 employees. Finalization of this acquisition is expected in the coming weeks.

& # 39; This acquisition allows Bonduelle to overcome its lack of capacity. This group has recorded stable growth since 2017/18 for frozen food businesses in the United States due to the saturation of its factories, especially packaging plants. (…) This acquisition is good news. This will allow the group to increase its production capacity in the United States and regain growth in turn in deep freezing, analysis of Oddo BHF.

Brokers reiterated through the price target of 37 euros. This one increases the potential for a 17% increase in order.

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