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

Shares of Danone (OTCMKTS:DANOY) have been given a consensus recommendation of “Hold” by the seven research firms that are covering the company, MarketBeat reports. One equities research analyst has rated the stock with a sell recommendation, three have given a hold recommendation, two have given a buy recommendation and one has issued a strong buy recommendation on the company.

Several brokerages have recently issued reports on DANOY. Deutsche Bank Aktiengesellschaft upgraded shares of Danone from a “sell” rating to a “hold” rating in a research report on Tuesday, September 22nd. Santander upgraded Danone to an “outperform” rating in a research report on Wednesday, June 10th. Jefferies Financial Group lowered Danone from a “buy” rating to an “underperform” rating in a research report on Tuesday, July 21st. Finally, Morgan Stanley reissued an “overweight” rating on shares of Danone in a research note on Thursday, July 30th.

Danone Stock Performance

Shares of DANOY opened at $13.10 on Monday. The company’s fifty day moving average is $14.62 and its 200 day moving average is $15.27. Danone has a fifty-two week low of $12.83 and a fifty-two week high of $18.63.

About Danone

Danone is a global food and beverage company headquartered in Paris, France. Its portfolio focuses on health-oriented products across three principal categories: Essential Dairy and Plant-Based products, Waters, and Specialized Nutrition.

The company offers yogurt, fermented dairy products, plant-based beverages and foods, bottled water, infant formula, medical nutrition products, and specialized nutrition products for adults. Its brands include Activia, Actimel, Alpro, evian, Volvic, Oikos, and Aptamil, although product availability varies by market.

Danone traces its origins to 1919, when Isaac Carasso began producing yogurt in Barcelona.