Danone SA (DANOY) Coverage Initiated at Sanford C. Bernstein
Stock analysts at Sanford C. Bernstein started coverage on shares of Danone SA (NASDAQ:DANOY) in a research note issued to investors on Monday. The brokerage set an “outperform” rating on the stock.
Several other equities analysts have also recently weighed in on DANOY. Zacks Investment Research cut Danone SA from a “buy” rating to a “hold” rating in a report on Tuesday, June 21st. JPMorgan Chase & Co. upgraded Danone SA from an “underweight” rating to a “neutral” rating in a research note on Tuesday, July 12th. Finally, Deutsche Bank AG cut Danone SA from a “hold” rating to a “sell” rating in a research note on Friday, September 9th.
Shares of Danone SA (NASDAQ:DANOY) traded up 0.94% during trading on Monday, reaching $14.99. The company’s stock had a trading volume of 14,813 shares. Danone SA has a 52 week low of $12.48 and a 52 week high of $15.77. The stock’s 50 day moving average price is $15.12 and its 200 day moving average price is $14.41. The company has a market cap of $46.23 billion and a PE ratio of 23.58.
Danone SA Company Profile
Danone SA is a France-based food company. The Company is the parent company of the Danone Group (Group). The Company has mainly a role of holding, directly or indirectly, companies of the Group, and coordinating the Group’s main functions and activities. The Group is organized around its four divisions.
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