JPMorgan Chase & Co. Reiterates “€75.00” Price Target for Danone (EPA:BN)
Danone (EPA:BN) has been given a €75.00 ($87.21) price target by investment analysts at JPMorgan Chase & Co. in a note issued to investors on Tuesday, Borsen Zeitung reports. The firm presently has a “neutral” rating on the stock. JPMorgan Chase & Co.‘s price target would indicate a potential upside of 2.15% from the company’s previous close.
Other equities research analysts have also recently issued reports about the company. Goldman Sachs Group set a €73.00 ($84.88) target price on Danone and gave the stock a “sell” rating in a report on Friday, October 18th. UBS Group set a €87.00 ($101.16) target price on Danone and gave the stock a “buy” rating in a report on Friday, October 18th. Royal Bank of Canada set a €72.00 ($83.72) target price on Danone and gave the stock a “neutral” rating in a report on Monday, October 21st. HSBC set a €73.00 ($84.88) target price on Danone and gave the stock a “neutral” rating in a report on Monday, October 21st. Finally, Berenberg Bank set a €80.00 ($93.02) target price on Danone and gave the stock a “neutral” rating in a report on Monday, October 21st. One investment analyst has rated the stock with a sell rating, seven have assigned a hold rating and six have issued a buy rating to the company’s stock. The stock currently has an average rating of “Hold” and an average price target of €77.82 ($90.49).
Shares of BN stock opened at €73.42 ($85.37) on Tuesday. Danone has a twelve month low of €61.87 ($71.94) and a twelve month high of €72.13 ($83.87). The stock has a fifty day simple moving average of €74.59 and a two-hundred day simple moving average of €75.82.
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.
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