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

Danone (OTCMKTS:DANOY) has been given an average recommendation of “Moderate Buy” by the six brokerages that are presently covering the firm, Marketbeat.com reports. One equities research analyst has rated the stock with a sell rating, two have assigned a hold rating, two have issued a buy rating and one has given a strong buy rating to the company.

Several brokerages have issued reports on DANOY. Kepler Capital Markets upgraded shares of Danone to a “strong-buy” rating in a research report on Wednesday, February 11th. Morgan Stanley restated an “overweight” rating on shares of Danone in a research report on Monday, February 23rd. Finally, Deutsche Bank Aktiengesellschaft restated a “sell” rating on shares of Danone in a research report on Thursday, May 7th.

Danone Stock Down 0.1%

Shares of OTCMKTS:DANOY opened at $14.81 on Tuesday. Danone has a 52-week low of $14.19 and a 52-week high of $18.63. The company has a 50-day simple moving average of $15.26 and a 200 day simple moving average of $16.46. The company has a current ratio of 0.90, a quick ratio of 0.75 and a debt-to-equity ratio of 0.58.

Danone Company Profile

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.