Danone (OTCMKTS:DANOY) Given Consensus Recommendation of “Moderate Buy” by Analysts

Shares of Danone (OTCMKTS:DANOY) have been assigned a consensus recommendation of “Moderate Buy” from the six analysts that are currently covering the firm, Marketbeat.com reports. One analyst has rated the stock with a sell rating, two have assigned a hold rating, two have issued a buy rating and one has issued a strong buy rating on the company.

Several research analysts have issued reports on the company. Morgan Stanley reiterated an “overweight” rating on shares of Danone in a research report on Monday, February 23rd. Kepler Capital Markets upgraded Danone to a “strong-buy” rating in a research report on Wednesday, February 11th. Finally, Deutsche Bank Aktiengesellschaft reiterated a “sell” rating on shares of Danone in a research report on Thursday, May 7th.

Danone Stock Performance

Danone stock opened at $14.38 on Friday. Danone has a 12 month low of $14.38 and a 12 month 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 50 day simple moving average of $15.78 and a 200-day simple moving average of $16.88.

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.