Danone SA (BN) Given Average Recommendation of “Hold” by Brokerages

Danone SA (EPA:BN) has been given an average recommendation of “Hold” by the eighteen brokerages that are covering the company, MarketBeat reports. Eleven analysts have rated the stock with a hold rating and seven have issued a buy rating on the company. The average twelve-month price objective among brokers that have covered the stock in the last year is €73.78 ($85.79).

A number of brokerages have recently issued reports on BN. Royal Bank of Canada set a €60.00 ($69.77) price target on shares of Danone and gave the stock a “neutral” rating in a report on Wednesday, April 4th. JPMorgan Chase & Co. set a €70.00 ($81.40) target price on shares of Danone and gave the company a “neutral” rating in a report on Tuesday, June 19th. Goldman Sachs Group set a €71.00 ($82.56) target price on shares of Danone and gave the company a “neutral” rating in a report on Thursday, April 19th. UBS Group set a €74.00 ($86.05) target price on shares of Danone and gave the company a “buy” rating in a report on Tuesday, April 3rd. Finally, BNP Paribas set a €74.00 ($86.05) target price on shares of Danone and gave the company a “neutral” rating in a report on Friday, June 1st.

Shares of Danone opened at €67.28 ($78.23) on Friday, according to MarketBeat. Danone has a 1 year low of €61.87 ($71.94) and a 1 year high of €72.13 ($83.87).

Danone Company Profile

Danone SA operates in the food and beverage industry worldwide. The company operates through four segments: EDP International, EDP Noram, Specialized Nutrition, and Waters. It offers yogurts under the Danone, Activia, DanActiv, Danimals, Dannon, Danonino, Happy Family, Horizon Organic, Light & Fit, Oikos, YoCrunch, and Danio brands; and almond and soy milk, ice creams and novelties, and powdered proteins under the Silk, So Delicious, Vega, and Alpro brands.

Analyst Recommendations for Danone (EPA:BN)

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