Danone (OTCMKTS:DANOY) was downgraded by research analysts at The Goldman Sachs Group from a “neutral” rating to a “sell” rating in a report issued on Thursday, The Fly reports.
Several other equities research analysts have also weighed in on DANOY. Berenberg Bank reaffirmed a “hold” rating on shares of Danone in a research report on Tuesday, February 23rd. Deutsche Bank Aktiengesellschaft reissued a “hold” rating on shares of Danone in a research note on Thursday, January 14th. Credit Suisse Group lowered shares of Danone from an “outperform” rating to a “neutral” rating in a research note on Thursday, March 25th. Societe Generale reiterated a “sell” rating on shares of Danone in a research report on Tuesday, January 26th. Finally, DZ Bank cut Danone from a “buy” rating to a “hold” rating in a research report on Thursday, April 22nd. Five investment analysts have rated the stock with a sell rating, eight have assigned a hold rating and two have given a buy rating to the company. The company presently has an average rating of “Hold”.
OTCMKTS:DANOY opened at $14.03 on Thursday. The company has a current ratio of 1.01, a quick ratio of 0.83 and a debt-to-equity ratio of 0.88. The stock has a 50 day moving average of $14.08 and a 200-day moving average of $13.30. The firm has a market capitalization of $48.13 billion, a PE ratio of 16.31, a price-to-earnings-growth ratio of 15.84 and a beta of 0.73. Danone has a 52 week low of $10.71 and a 52 week high of $14.67.
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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