Zacks Research cut shares of Danone (OTCMKTS:DANOY – Free Report) from a hold rating to a strong sell rating in a research note issued to investors on Thursday,Zacks reports.
A number of other equities research analysts also recently weighed in on DANOY. Deutsche Bank Aktiengesellschaft upgraded Danone from a “sell” rating to a “hold” rating in a research note on Tuesday, September 22nd. Jefferies Financial Group raised Danone from a “moderate sell” rating to a “hold” rating in a report on Thursday. Finally, Morgan Stanley reiterated an “overweight” rating on shares of Danone in a research report on Thursday, July 30th. One analyst has rated the stock with a Strong Buy rating, two have issued a Buy rating, two have issued a Hold rating and one has assigned a Sell rating to the stock. According to data from MarketBeat, the company presently has an average rating of “Moderate Buy”.
View Our Latest Report on Danone
Danone Price Performance
Danone stock opened at $14.59 on Thursday. The company has a debt-to-equity ratio of 0.60, a current ratio of 0.97 and a quick ratio of 0.81. Danone has a twelve month low of $12.83 and a twelve month high of $18.63. The company’s 50-day moving average price is $14.02 and its two-hundred day moving average price is $15.43.
Danone Company Profile
Danone is a France-based multinational food and beverage company that develops and markets products in three principal categories: essential dairy and plant-based products, waters, and specialized nutrition. Its portfolio includes fermented dairy products, plant-based foods and beverages, bottled water, infant nutrition, and medical nutrition products.
The company’s brands include Activia, Actimel, Alpro, evian, Volvic, Aptamil, Nutricia, and Fortimel, among others. Danone sells its products through retail, foodservice, healthcare, and specialized nutrition channels, serving consumers and patients in markets across Europe, North America, Latin America, Asia, Africa, and other regions.
Danone traces its origins to 1919, when Isaac Carasso began producing yogurt in Barcelona, Spain.
Further Reading
- Five stocks we like better than Danone
- Amazon’s Record Margins Couldn’t Stop the Sell-Off—Here’s Why
- DoorDash’s $17 Billion Bet on Instacart Faces a Long Regulatory Road Ahead
- FTC Puts A Wrinkle In the Cintas and UniFirst Merger
- Breaching the Valuation: The Real Reason Fortinet Dropped
Receive News & Ratings for Danone Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Danone and related companies with MarketBeat.com's FREE daily email newsletter.
