Danone Sponsored ADR (OTCMKTS:DANOY) Receives Consensus Rating of “Buy” from Analysts
Danone Sponsored ADR (OTCMKTS:DANOY) has received a consensus recommendation of “Buy” from the eight analysts that are currently covering the stock, MarketBeat Ratings reports. One investment analyst has rated the stock with a sell recommendation, two have assigned a hold recommendation and five have assigned a buy recommendation to the company. The average 12-month target price among brokerages that have issued ratings on the stock in the last year is $20.00.
DANOY has been the subject of several research analyst reports. Zacks Investment Research upgraded shares of Danone from a “hold” rating to a “buy” rating and set a $20.00 target price for the company in a report on Friday, August 16th. HSBC initiated coverage on shares of Danone in a report on Friday, June 28th. They issued a “hold” rating for the company. BNP Paribas upgraded shares of Danone from a “neutral” rating to an “outperform” rating in a report on Wednesday, August 14th. Finally, Credit Suisse Group cut shares of Danone from an “outperform” rating to a “neutral” rating in a report on Monday, July 15th.
Shares of Danone stock traded up $0.04 during trading hours on Monday, hitting $17.67. The company had a trading volume of 357,333 shares, compared to its average volume of 325,854. The company’s 50-day moving average is $17.60 and its two-hundred day moving average is $16.49. Danone has a twelve month low of $13.57 and a twelve month high of $18.20. The company has a debt-to-equity ratio of 0.87, a current ratio of 1.04 and a quick ratio of 0.86. The company has a market cap of $60.61 billion, a P/E ratio of 21.04, a price-to-earnings-growth ratio of 2.60 and a beta of 0.73.
Danone SA operates in the food and beverage industry worldwide. The company operates through four segments: EDP International, EDP Noram, Specialized Nutrition, and Waters. It offers yogurts under the DanActive, Danimals, Dannon, Danonino, Light & Fit, Oikos, Wallaby, YoCrunch, Danone, Danonino or Prostokvashino, Light & Free, and Vitalinea brand names; and almond-based, cashew-based, soy-based products, ice creams and novelties, and nutrition products under the Silk, So Delicious, Vega, and Alpro brands.
See Also: Balanced Fund
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.