Danone (DANOY) – What Are Investment Firms Thinking About This Stock?

Shares of Danone (OTCMKTS:DANOY) have received an average rating of “Hold” from the seven research firms that are currently covering the company, MarketBeat reports. One investment analyst has rated the stock with a sell recommendation, three have assigned a hold recommendation, two have assigned a buy recommendation and one has issued a strong buy recommendation on the company.

A number of analysts have recently commented on DANOY shares. Jefferies Financial Group cut Danone from a “buy” rating to an “underperform” rating in a research note on Tuesday, July 21st. Deutsche Bank Aktiengesellschaft upgraded Danone from a “sell” rating to a “hold” rating in a report on Tuesday, September 22nd. Finally, Morgan Stanley reissued an “overweight” rating on shares of Danone in a research report on Thursday, July 30th.

Danone Stock Performance

DANOY stock opened at $13.15 on Monday. Danone has a twelve month low of $12.83 and a twelve month high of $18.63. The business has a fifty day moving average of $14.52 and a 200-day moving average of $15.23.

Danone Company Profile

Danone is a global food and beverage company headquartered in Paris, France. Its portfolio focuses on health-oriented products across three principal categories: Essential Dairy and Plant-Based products, Waters, and Specialized Nutrition.

The company offers yogurt, fermented dairy products, plant-based beverages and foods, bottled water, infant formula, medical nutrition products, and specialized nutrition products for adults. Its brands include Activia, Actimel, Alpro, evian, Volvic, Oikos, and Aptamil, although product availability varies by market.

Danone traces its origins to 1919, when Isaac Carasso began producing yogurt in Barcelona.