Danone (OTCMKTS:DANOY) Upgraded to “Outperform” by BNP Paribas

BNP Paribas upgraded shares of Danone (OTCMKTS:DANOY) from a neutral rating to an outperform rating in a report released on Wednesday, Briefing.com Automated Import reports.

A number of other equities research analysts have also recently commented on DANOY. Credit Suisse Group cut shares of Danone from an outperform rating to a neutral rating in a report on Monday, July 15th. Zacks Investment Research raised shares of Danone from a sell rating to a hold rating in a report on Tuesday, July 30th. Finally, HSBC initiated coverage on shares of Danone in a report on Friday, June 28th. They issued a hold rating on the stock. One research analyst has rated the stock with a sell rating, three have given a hold rating and four have given a buy rating to the company’s stock. Danone presently has a consensus rating of Hold and a consensus price target of $18.00.

DANOY stock traded up $0.01 during trading on Wednesday, hitting $17.42. The company had a trading volume of 58,088 shares, compared to its average volume of 491,575. The company has a current ratio of 1.04, a quick ratio of 0.86 and a debt-to-equity ratio of 0.87. The stock has a market capitalization of $56.38 billion, a P/E ratio of 20.74, a P/E/G ratio of 2.57 and a beta of 0.72. The firm’s fifty day moving average is $17.10. Danone has a fifty-two week low of $13.57 and a fifty-two week high of $17.65.

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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Analyst Recommendations for Danone (OTCMKTS:DANOY)

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