Danone (OTCMKTS:DANOY) Receives Consensus Rating of “Hold” from Analysts

Shares of Danone (OTCMKTS:DANOY) have earned an average recommendation of “Hold” from the seven ratings firms that are covering the firm, Marketbeat.com reports. Two analysts have rated the stock with a sell recommendation, two have given a hold recommendation, two have issued a buy recommendation and one has given a strong buy recommendation to the company.

DANOY has been the topic of several recent analyst reports. Santander raised shares of Danone to an “outperform” rating in a research report on Wednesday, June 10th. Deutsche Bank Aktiengesellschaft reaffirmed a “sell” rating on shares of Danone in a report on Friday, July 3rd. Jefferies Financial Group cut shares of Danone from a “buy” rating to an “underperform” rating in a report on Tuesday, July 21st. Finally, Morgan Stanley reissued an “overweight” rating on shares of Danone in a research report on Thursday, July 30th.

Danone Price Performance

Shares of OTCMKTS:DANOY opened at $15.46 on Friday. Danone has a 1-year low of $14.19 and a 1-year high of $18.63. The company has a debt-to-equity ratio of 0.58, a quick ratio of 0.75 and a current ratio of 0.90. The business has a fifty day moving average price of $15.96 and a 200-day moving average price of $15.85.

Danone Company Profile

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.