Danone (DANOY) – What Are Investment Firms Thinking About This Stock?

Shares of Danone (OTCMKTS:DANOY) have earned an average recommendation of “Moderate Buy” from the six research firms that are presently covering the company, Marketbeat reports. One research analyst has rated the stock with a sell recommendation, two have assigned a hold recommendation, two have assigned a buy recommendation and one has given a strong buy recommendation to the company.

Several research firms recently issued reports on DANOY. Zacks Research cut shares of Danone from a “hold” rating to a “strong sell” rating in a report on Thursday, October 29th. Deutsche Bank Aktiengesellschaft raised 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 research report on Thursday, October 29th. Finally, Morgan Stanley restated an “overweight” rating on shares of Danone in a report on Thursday, July 30th.

Danone Trading Down 2.6%

Danone stock opened at $14.99 on Friday. Danone has a 52 week low of $12.83 and a 52 week high of $18.63. The stock has a 50-day moving average price of $14.00 and a 200 day moving average price of $15.37. The company has a current ratio of 0.97, a quick ratio of 0.81 and a debt-to-equity ratio of 0.60.

Danone Company Profile

Danone is a France-based food and beverage company focused on dairy and plant-based products, bottled water, and specialized nutrition. Its portfolio includes products for everyday consumption as well as nutrition for infants and people with specific dietary needs.

The company sells brands including Activia, Actimel, Alpro, Evian, Volvic, Aptamil, and Nutricia. Its products are distributed across markets worldwide.

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