Danone (OTCMKTS:DANOY) Receives Average Rating of “Moderate Buy” from Brokerages

Danone (OTCMKTS:DANOY) has been assigned a consensus rating of “Moderate Buy” from the six research firms that are presently covering the company, MarketBeat Ratings reports. One analyst has rated the stock with a sell rating, two have issued a hold rating, two have given a buy rating and one has given a strong buy rating to the company.

A number of research analysts have issued reports on DANOY shares. Kepler Capital Markets upgraded Danone to a “strong-buy” rating in a research report on Wednesday, February 11th. Morgan Stanley reissued an “overweight” rating on shares of Danone in a report on Monday, February 23rd. Finally, Deutsche Bank Aktiengesellschaft downgraded shares of Danone from a “hold” rating to a “sell” rating in a research note on Monday, January 12th.

Danone Trading Down 0.6%

Danone stock opened at $15.66 on Thursday. The company has a debt-to-equity ratio of 0.58, a current ratio of 0.90 and a quick ratio of 0.75. Danone has a 52 week low of $15.08 and a 52 week high of $18.63. The stock has a fifty day moving average of $16.49 and a 200-day moving average of $17.34.

About Danone

Danone is a French multinational food-products company headquartered in Paris, with roots dating to 1919 when it was founded by Isaac Carasso. The company positions itself around nutrition and health-oriented food and beverage products, and it combines global brand management, manufacturing and distribution to serve a broad consumer base. Danone’s long history has been characterized by expansion beyond its original yogurt business into bottled water, infant and medical nutrition, and plant-based alternatives.

Danone’s principal activities include the development, production and marketing of dairy and plant-based products, bottled waters, and specialized nutrition for infants and medical patients.