Danone (OTCMKTS:DANOY – Get Free Report) was downgraded by research analysts at Zacks Research from a “hold” rating to a “strong sell” rating in a note issued to investors on Thursday, Zacks reports.
DANOY has been the topic of a number of other research reports. Jefferies Financial Group upgraded shares of Danone from a “moderate sell” rating to a “hold” rating in a report on Thursday. Deutsche Bank Aktiengesellschaft upgraded shares of Danone from a “sell” rating to a “hold” rating in a report on Tuesday, September 22nd. Finally, Morgan Stanley reiterated an “overweight” rating on shares of Danone in a report on Thursday, July 30th. One investment analyst has rated the stock with a Strong Buy rating, two have issued a Buy rating, two have given a Hold rating and one has given a Sell rating to the company. Based on data from MarketBeat, the stock currently has a consensus rating of “Moderate Buy”.
View Our Latest Stock Analysis on Danone
Danone Price Performance
Shares of OTCMKTS DANOY opened at $14.59 on Thursday. Danone has a 1 year low of $12.83 and a 1 year high of $18.63. The firm has a 50-day moving average of $14.02 and a 200 day moving average of $15.43. The company has a debt-to-equity ratio of 0.60, a current ratio of 0.97 and a quick ratio of 0.81.
Danone Company Profile
Danone is a France-based multinational food and beverage company that develops and markets products in three principal categories: essential dairy and plant-based products, waters, and specialized nutrition. Its portfolio includes fermented dairy products, plant-based foods and beverages, bottled water, infant nutrition, and medical nutrition products.
The company’s brands include Activia, Actimel, Alpro, evian, Volvic, Aptamil, Nutricia, and Fortimel, among others. Danone sells its products through retail, foodservice, healthcare, and specialized nutrition channels, serving consumers and patients in markets across Europe, North America, Latin America, Asia, Africa, and other regions.
Danone traces its origins to 1919, when Isaac Carasso began producing yogurt in Barcelona, Spain.
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