Danone (OTCMKTS:DANOY) Given Consensus Rating of “Hold” by Analysts

Danone (OTCMKTS:DANOY) has been assigned a consensus recommendation of “Hold” from the seven ratings firms that are presently covering the firm, MarketBeat.com reports. Two research analysts have rated the stock with a sell recommendation, two have issued a hold recommendation, two have assigned a buy recommendation and one has issued a strong buy recommendation on the company.

Several brokerages recently commented on DANOY. Morgan Stanley reissued an “overweight” rating on shares of Danone in a report on Thursday, July 30th. Jefferies Financial Group lowered shares of Danone from a “buy” rating to an “underperform” rating in a research report on Tuesday, July 21st. Deutsche Bank Aktiengesellschaft reissued a “sell” rating on shares of Danone in a research note on Friday, July 3rd. Finally, Santander upgraded shares of Danone to an “outperform” rating in a research report on Wednesday, June 10th.

Danone Trading Down 1.4%

Shares of OTCMKTS:DANOY opened at $13.96 on Thursday. Danone has a 1 year low of $13.91 and a 1 year high of $18.63. The company has a current ratio of 0.90, a quick ratio of 0.75 and a debt-to-equity ratio of 0.58. The business’s 50 day moving average price is $15.49 and its 200-day moving average price is $15.57.

About Danone

Danone is a France-based multinational food and beverage company focused on health-oriented products. Its principal business activities include essential dairy and plant-based products, waters, and specialized nutrition for infants, children and adults.

The company markets a broad portfolio of brands, including Activia, Actimel, Oikos, evian, Volvic, Aptamil and Nutricia. Its specialized nutrition operations provide infant formula, medical nutrition and other products designed to support specific dietary and health needs.

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