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Danone (OTCMKTS:DANOY – Get Rating) had its price objective lifted by equities research analysts at Credit Suisse Group from €56.00 ($57.14) to €58.00 ($59.18) in a note issued to investors on Friday, The Fly reports. The firm currently has a “neutral” rating on the stock.
DANOY has been the topic of several other reports. Royal Bank of Canada boosted their price target on shares of Danone from €51.00 ($52.04) to €55.00 ($56.12) in a report on Thursday. Deutsche Bank Aktiengesellschaft boosted their price target on shares of Danone from €58.00 ($59.18) to €60.00 ($61.22) and gave the stock a “hold” rating in a report on Thursday, April 21st. Morgan Stanley cut their price target on shares of Danone from €56.00 ($57.14) to €55.00 ($56.12) and set an “equal weight” rating on the stock in a report on Tuesday, June 28th. Sanford C. Bernstein upgraded shares of Danone from a “market perform” rating to an “outperform” rating in a report on Friday, July 22nd. Finally, Berenberg Bank upgraded shares of Danone from a “sell” rating to a “hold” rating in a research note on Tuesday, July 19th. One equities research analyst has rated the stock with a sell rating, six have issued a hold rating and two have given a buy rating to the company. According to MarketBeat, the stock currently has an average rating of “Hold” and a consensus target price of $57.00.
Danone Price Performance
Shares of OTCMKTS DANOY opened at $11.07 on Friday. The company has a 50-day moving average price of $11.17 and a 200-day moving average price of $11.67. Danone has a 1 year low of $10.21 and a 1 year high of $15.38. The company has a current ratio of 1.09, a quick ratio of 0.91 and a debt-to-equity ratio of 0.72.
About Danone
Danone SA operates in the food and beverage industry in Europe, Noram, Latin America, the Asia Pacific, Africa, and the Middle East. The company operates through three segments: Essential Dairy & Plant-Based, Specialized Nutrition, and Waters. It produces and distributes yogurts; milk products; coffee creamers, drinks, and beverages; plant-based products; and ice creams, desserts, and nutritional powdered protein products under the Actimel, Activia, Alpro, Aptamil, Danette, Danio, Danonino, evian, Nutricia, Nutrilon, Volvic, as well as under the licensed brands, including International Delight, Dunkin’ Donuts, and Bailey’s.
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