Danone (EPA:BN) Given a €67.00 Price Target by Jefferies Financial Group Analysts

Danone (EPA:BN) has been assigned a €67.00 ($77.91) price objective by stock analysts at Jefferies Financial Group in a research note issued to investors on Monday, Borsen Zeitung reports. The brokerage currently has a “neutral” rating on the stock. Jefferies Financial Group’s price target would suggest a potential downside of 11.00% from the stock’s current price.

Several other equities research analysts have also issued reports on BN. Deutsche Bank set a €80.00 ($93.02) target price on shares of Danone and gave the stock a “buy” rating in a report on Monday, June 17th. Kepler Capital Markets set a €78.00 ($90.70) price target on Danone and gave the stock a “buy” rating in a research note on Wednesday, April 17th. Royal Bank of Canada set a €74.00 ($86.05) price target on Danone and gave the stock a “buy” rating in a research note on Wednesday, April 17th. Berenberg Bank set a €70.00 ($81.40) price target on Danone and gave the stock a “neutral” rating in a research note on Thursday, April 18th. Finally, JPMorgan Chase & Co. set a €70.00 ($81.40) price target on Danone and gave the stock a “neutral” rating in a research note on Wednesday, April 17th. One analyst has rated the stock with a sell rating, five have assigned a hold rating and ten have given a buy rating to the company. The stock currently has a consensus rating of “Buy” and a consensus target price of €74.06 ($86.12).

Danone stock opened at €75.28 ($87.53) on Monday. The business has a 50 day moving average price of €71.94. Danone has a 12-month low of €61.87 ($71.94) and a 12-month high of €72.13 ($83.87).

About Danone

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 DanActive, Danimals, Dannon, Danonino, Light & Fit, Oikos, Wallaby, YoCrunch, Danone, Danonino or Prostokvashino, Light & Free, and Vitalinea brand names; and almond-based, cashew-based, soy-based products, ice creams and novelties, and nutrition products under the Silk, So Delicious, Vega, and Alpro brands.

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