Citigroup Upgrades Danone (OTCMKTS:DANOY) to Hold

Danone (OTCMKTS:DANOY) was upgraded by research analysts at Citigroup to a “hold” rating in a report released on Monday,Zacks.com reports.

Several other equities research analysts have also commented on DANOY. The Goldman Sachs Group upgraded shares of Danone to a “hold” rating in a research report on Tuesday, December 17th. Royal Bank of Canada cut shares of Danone from a “moderate buy” rating to a “hold” rating in a research report on Wednesday, February 26th. Jefferies Financial Group lowered Danone from a “hold” rating to an “underperform” rating in a research note on Wednesday, January 8th. Finally, Sanford C. Bernstein raised Danone from a “strong sell” rating to a “hold” rating in a report on Thursday, January 9th. One investment analyst has rated the stock with a sell rating and four have issued a hold rating to the company. Based on data from MarketBeat, the stock has a consensus rating of “Hold”.

Danone Stock Up 0.7 %

OTCMKTS DANOY opened at $16.43 on Monday. Danone has a 52-week low of $12.01 and a 52-week high of $16.54. The firm has a 50-day moving average price of $15.04 and a 200 day moving average price of $14.22. The company has a debt-to-equity ratio of 0.60, a current ratio of 0.91 and a quick ratio of 0.74.

About Danone

Danone SA operates in the food and beverage industry in Europe, Ukraine, North America, China, North Asia, the Oceania, Latin America, rest of Asia, Africa, Turkey, the Middle East, and the Commonwealth of Independent States. The company operates through Essential Dairy & Plant-Based, Specialized Nutrition, and Waters segments.