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

Shares of Danone (OTCMKTS:DANOY) have earned a consensus rating of “Moderate Buy” from the six ratings firms that are covering the company, MarketBeat reports. One research analyst has rated the stock with a sell rating, two have issued a hold rating, two have assigned a buy rating and one has assigned a strong buy rating to the company.

A number of brokerages recently issued reports on DANOY. Morgan Stanley reissued an “overweight” rating on shares of Danone in a report on Thursday, July 30th. Zacks Research cut Danone from a “hold” rating to a “strong sell” rating in a research report on Thursday. Jefferies Financial Group raised Danone from a “moderate sell” rating to a “hold” rating in a research note on Thursday. Finally, Deutsche Bank Aktiengesellschaft upgraded Danone from a “sell” rating to a “hold” rating in a research report on Tuesday, September 22nd.

Danone Stock Performance

Shares of OTCMKTS:DANOY opened at $14.59 on Friday. The firm’s 50 day moving average is $14.02 and its two-hundred day moving average is $15.43. Danone has a 52 week low of $12.83 and a 52 week high of $18.63. The company has a debt-to-equity ratio of 0.60, a quick ratio of 0.81 and a current ratio of 0.97.

Danone Company Profile

Danone is a France-based multinational food and beverage company that develops and markets products in three principal categories: essential dairy and plant-based products, waters, and specialized nutrition. Its portfolio includes fermented dairy products, plant-based foods and beverages, bottled water, infant nutrition, and medical nutrition products.

The company’s brands include Activia, Actimel, Alpro, evian, Volvic, Aptamil, Nutricia, and Fortimel, among others. Danone sells its products through retail, foodservice, healthcare, and specialized nutrition channels, serving consumers and patients in markets across Europe, North America, Latin America, Asia, Africa, and other regions.

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