Danone (OTCMKTS:DANOY) Receives Average Rating of “Hold” from Brokerages

Shares of Danone (OTCMKTS:DANOY) have earned an average recommendation of “Hold” from the six ratings firms that are currently covering the company, Marketbeat Ratings reports. One research analyst has rated the stock with a sell rating, four have given a hold rating and one has issued a buy rating on the company.

A number of equities research analysts recently weighed in on DANOY shares. Wall Street Zen lowered shares of Danone from a “buy” rating to a “hold” rating in a report on Saturday. Citigroup reaffirmed a “neutral” rating on shares of Danone in a research note on Thursday, April 24th. Finally, Morgan Stanley reissued an “overweight” rating on shares of Danone in a research note on Monday, August 4th.

Danone Stock Up 0.2%

Shares of DANOY opened at $16.56 on Wednesday. The firm has a fifty day moving average price of $16.30 and a 200-day moving average price of $15.85. The company has a debt-to-equity ratio of 0.56, a current ratio of 0.93 and a quick ratio of 0.77. Danone has a 12-month low of $13.02 and a 12-month high of $17.65.

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.