Danone (OTCMKTS:DANOY) Receives Consensus Rating of “Moderate Buy” from Brokerages

Shares of Danone (OTCMKTS:DANOY – Get Free Report) have earned a consensus recommendation of “Moderate Buy” from the seven brokerages that are presently covering the firm, Marketbeat Ratings reports. One investment analyst has rated the stock with a sell recommendation, two have issued a hold recommendation, three have given a buy recommendation and one has issued a strong buy recommendation on the company.

A number of research firms have recently issued reports on DANOY. Santander upgraded Danone to an “outperform” rating in a research note on Wednesday, June 10th. Deutsche Bank Aktiengesellschaft reissued a “sell” rating on shares of Danone in a research report on Thursday, May 7th. Finally, Morgan Stanley reissued an “overweight” rating on shares of Danone in a research report on Monday.

Get Danone alerts:

Check Out Our Latest Analysis on Danone

Danone Stock Up 0.7%

DANOY opened at $16.45 on Friday. The company has a 50 day moving average of $15.15 and a two-hundred day moving average of $16.20. The company has a current ratio of 0.90, a quick ratio of 0.75 and a debt-to-equity ratio of 0.58. Danone has a 52-week low of $14.19 and a 52-week high of $18.63.

Danone Company Profile

(Get Free Report)

Danone is a French multinational food-products company headquartered in Paris, with roots dating to 1919 when it was founded by Isaac Carasso. The company positions itself around nutrition and health-oriented food and beverage products, and it combines global brand management, manufacturing and distribution to serve a broad consumer base. Danone’s long history has been characterized by expansion beyond its original yogurt business into bottled water, infant and medical nutrition, and plant-based alternatives.

Danone’s principal activities include the development, production and marketing of dairy and plant-based products, bottled waters, and specialized nutrition for infants and medical patients.

Featured Articles

• Five stocks we like better than Danone
• AirJoule Unveils Prime System, Clearing Path to Commercialization
• Copper Stocks Are Getting a Bigger Spotlight as Gold’s Rally Cracks
• Nike Q4 Beat Masks Core Weakness as Analysts Cut Price Targets
• Uber’s Waymo Detour Tests the Stock’s Robotaxi Bull Case

Receive News & Ratings for Danone Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Danone and related companies with MarketBeat.com's FREE daily email newsletter.