Danone (DANOY) Receives Average Rating of “Buy” from Brokerages
Shares of Danone (OTCMKTS:DANOY) have been given a consensus recommendation of “Buy” by the eight research firms that are currently covering the firm. One equities research analyst has rated the stock with a sell rating, one has given a hold rating and six have given a buy rating to the company. The average 1 year target price among brokers that have covered the stock in the last year is $16.00.
Separately, Morgan Stanley restated a “buy” rating on shares of Danone in a report on Monday.
Danone (OTCMKTS:DANOY) traded down 1.046% during mid-day trading on Monday, reaching $14.002. 112,718 shares of the company traded hands. Danone has a 52 week low of $12.48 and a 52 week high of $15.77. The firm has a market capitalization of $43.18 billion, a price-to-earnings ratio of 22.169 and a beta of 0.88. The stock’s 50 day moving average price is $14.81 and its 200 day moving average price is $14.44.
Danone SA is engaged in holding directly or indirectly companies, and coordination of the main functions and activities. The Company operates through four segments: Fresh Dairy Products Division, Waters Division, Early Life Nutrition Division and Medical Nutrition Division. The Fresh Dairy Products Division is engaged in the production and distribution of yogurts, fermented dairy products and other fresh dairy specialties.
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