Danone (EPA:BN) Given a €58.50 Price Target by Jefferies Financial Group Analysts

Danone (EPA:BNGet Rating) has been given a €58.50 ($62.90) price target by stock analysts at Jefferies Financial Group in a research note issued to investors on Wednesday, Borsen Zeitung reports. Jefferies Financial Group’s price target would indicate a potential upside of 11.15% from the stock’s current price.

Several other analysts have also issued reports on BN. UBS Group set a €45.00 ($48.39) price target on shares of Danone in a research report on Wednesday, April 6th. Berenberg Bank set a €50.00 ($53.76) target price on shares of Danone in a research report on Thursday, March 24th. Credit Suisse Group set a €54.00 ($58.06) target price on shares of Danone in a research report on Wednesday, March 30th. Deutsche Bank Aktiengesellschaft set a €60.00 ($64.52) target price on shares of Danone in a research report on Wednesday, March 9th. Finally, JPMorgan Chase & Co. set a €70.00 ($75.27) target price on shares of Danone in a research report on Tuesday, April 5th. Four analysts have rated the stock with a sell rating, two have issued a hold rating and four have given a buy rating to the stock. Based on data from MarketBeat, the company has a consensus rating of “Hold” and a consensus price target of €57.63 ($61.96).

EPA BN opened at €52.63 ($56.59) on Wednesday. The company’s fifty day moving average is €52.52 and its two-hundred day moving average is €54.78. Danone has a 52-week low of €61.87 ($66.53) and a 52-week high of €72.13 ($77.56).

About Danone (Get Rating)

Danone SA operates in the food and beverage industry in Europe, Noram, Latin America, the Asia Pacific, Africa, and the Middle East. The company operates through three segments: Essential Dairy & Plant-Based, Specialized Nutrition, and Waters. It produces and distributes yogurts; milk products; coffee creamers, drinks, and beverages; plant-based products; and ice creams, desserts, and nutritional powdered protein products under the Actimel, Activia, Alpro, Aptamil, Danette, Danio, Danonino, evian, Nutricia, Nutrilon, Volvic, as well as under the licensed brands, including International Delight, Dunkin' Donuts, and Bailey's.

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