Danone (EPA:BN) has been assigned a €62.00 ($72.94) price target by equities researchers at Credit Suisse Group in a report issued on Monday, Borsen Zeitung reports. The brokerage currently has a “neutral” rating on the stock. Credit Suisse Group’s price objective would suggest a potential upside of 2.75% from the stock’s current price.
Other research analysts have also issued reports about the stock. Berenberg Bank set a €60.00 ($70.59) target price on shares of Danone and gave the company a “neutral” rating in a report on Monday, February 22nd. Kepler Capital Markets set a €70.00 ($82.35) target price on shares of Danone and gave the stock a “buy” rating in a research report on Tuesday, March 30th. Barclays set a €65.00 ($76.47) target price on shares of Danone and gave the stock a “buy” rating in a research note on Tuesday, March 2nd. Deutsche Bank Aktiengesellschaft set a €62.00 ($72.94) price target on Danone and gave the stock a “neutral” rating in a research note on Tuesday, March 16th. Finally, The Goldman Sachs Group set a €60.00 ($70.59) price objective on Danone and gave the company a “neutral” rating in a research report on Tuesday, March 30th. Three investment analysts have rated the stock with a sell rating, seven have issued a hold rating and five have issued a buy rating to the company’s stock. The company has a consensus rating of “Hold” and a consensus target price of €60.69 ($71.40).
EPA BN opened at €59.25 ($69.71) on Monday. Danone has a 12 month low of €61.87 ($72.79) and a 12 month high of €72.13 ($84.86). The company’s 50 day moving average is €58.49 and its two-hundred day moving average is €54.74.
Danone SA operates in the food and beverage industry in Europe, Noram, Latin America, the Asia Pacific, Africa, and the Middle East. The company operates through three segments: Essential Dairy & Plant-Based, Specialized Nutrition, and Waters. It produces and distributes yogurts; milk products; coffee creamers, drinks, and beverages; plant-based products; and ice creams, desserts, and nutritional powdered protein products under the Danone, Danonino or Prostokvashino, Light & Free, Actimel, Activia, Oikos, Danette, Danissimo, YoPRO, Horizon, SToK, Silk, So Delicious, Vega, and Alpro brands, as well as under the license brands, including International Delight, Dunkin' Donuts, and Bailey's.
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