Danone (OTCMKTS:DANOY) Given Consensus Recommendation of “Hold” by Brokerages

Danone (OTCMKTS:DANOY) has been given an average recommendation of “Hold” by the six analysts that are covering the firm, Marketbeat Ratings reports. Four equities research analysts have rated the stock with a hold rating and two have given a buy rating to the company.

A number of research analysts have commented on DANOY shares. Jefferies Financial Group upgraded shares of Danone from an “underperform” rating to a “buy” rating in a research note on Tuesday, September 16th. Citigroup restated a “neutral” rating on shares of Danone in a research note on Wednesday, October 29th. Royal Bank Of Canada reiterated a “sector perform” rating on shares of Danone in a research note on Wednesday, October 29th. Wall Street Zen lowered Danone from a “buy” rating to a “hold” rating in a report on Friday, August 15th. Finally, Morgan Stanley reaffirmed an “overweight” rating on shares of Danone in a report on Friday, October 10th.

Danone Trading Up 0.8%

DANOY stock opened at $18.57 on Friday. The company has a debt-to-equity ratio of 0.66, a current ratio of 0.95 and a quick ratio of 0.78. The firm has a 50 day simple moving average of $17.67 and a 200-day simple moving average of $16.96. Danone has a twelve month low of $13.02 and a twelve month high of $18.63.

Danone Company Profile

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.