Berenberg Bank Analysts Give Danone (BN) a €70.50 Price Target
Danone (EPA:BN) has been given a €70.50 ($87.04) target price by analysts at Berenberg Bank in a research report issued to clients and investors on Monday. The brokerage currently has a “neutral” rating on the stock. Berenberg Bank’s price target indicates a potential upside of 9.29% from the stock’s previous close.
A number of other research analysts have also recently commented on the company. Goldman Sachs Group set a €64.00 ($79.01) price objective on Danone and gave the company a “sell” rating in a report on Monday, December 11th. Morgan Stanley set a €80.00 ($98.77) price objective on Danone and gave the company a “buy” rating in a report on Wednesday, November 15th. JPMorgan Chase & Co. set a €75.00 ($92.59) price objective on Danone and gave the company a “neutral” rating in a report on Wednesday, January 10th. UBS Group set a €80.00 ($98.77) target price on Danone and gave the company a “buy” rating in a research report on Thursday, January 11th. Finally, Citigroup set a €84.00 ($103.70) target price on Danone and gave the company a “buy” rating in a research report on Tuesday, January 16th. One equities research analyst has rated the stock with a sell rating, ten have given a hold rating and seven have assigned a buy rating to the company. The stock presently has an average rating of “Hold” and a consensus price target of €74.11 ($91.50).
Danone (EPA BN) opened at €64.51 ($79.64) on Monday. Danone has a twelve month low of €59.00 ($72.84) and a twelve month high of €72.13 ($89.05). The company has a market capitalization of $43,270.00 and a P/E ratio of 22.02.
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 produces and markets yogurts, fermented fresh dairy products and specialized dairy products.
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