Danone (OTCMKTS:DANOY) Upgraded at Kepler Capital Markets

Danone (OTCMKTS:DANOY) was upgraded by equities research analysts at Kepler Capital Markets to a “strong-buy” rating in a research report issued on Wednesday,Zacks.com reports.

A number of other equities analysts have also commented on the stock. Morgan Stanley restated an “overweight” rating on shares of Danone in a research report on Thursday, January 29th. Citigroup restated a “neutral” rating on shares of Danone in a research report on Wednesday, October 29th. Royal Bank Of Canada reiterated a “sector perform” rating on shares of Danone in a research report on Wednesday, October 29th. Finally, Deutsche Bank Aktiengesellschaft lowered Danone from a “hold” rating to a “sell” rating in a research note on Monday, January 12th. One investment analyst has rated the stock with a Strong Buy rating, two have assigned a Buy rating, two have given a Hold rating and one has assigned a Sell rating to the stock. According to MarketBeat, the company currently has an average rating of “Moderate Buy”.

Danone Trading Up 4.1%

Shares of OTCMKTS:DANOY opened at $17.06 on Wednesday. The company’s fifty day moving average is $17.30 and its 200-day moving average is $17.39. The company has a debt-to-equity ratio of 0.66, a quick ratio of 0.78 and a current ratio of 0.95. Danone has a 52 week low of $13.81 and a 52 week high of $18.63.

About Danone

Danone is a French multinational food-products company headquartered in Paris, with roots dating to 1919 when it was founded by Isaac Carasso. The company positions itself around nutrition and health-oriented food and beverage products, and it combines global brand management, manufacturing and distribution to serve a broad consumer base. Danone’s long history has been characterized by expansion beyond its original yogurt business into bottled water, infant and medical nutrition, and plant-based alternatives.

Danone’s principal activities include the development, production and marketing of dairy and plant-based products, bottled waters, and specialized nutrition for infants and medical patients.