Danone (EPA:BN) PT Set at €51.00 by The Goldman Sachs Group

Danone (EPA:BNGet Rating) has been assigned a €51.00 ($53.68) price target by equities research analysts at The Goldman Sachs Group in a research report issued to clients and investors on Monday, Borsen Zeitung reports. The Goldman Sachs Group’s price objective points to a potential downside of 9.09% from the company’s current price.

Several other research analysts have also recently commented on the company. UBS Group set a €45.00 ($47.37) price target on Danone in a research report on Wednesday, April 20th. Deutsche Bank Aktiengesellschaft set a €60.00 ($63.16) price target on Danone in a research report on Wednesday, March 9th. JPMorgan Chase & Co. set a €70.00 ($73.68) price target on Danone in a research report on Wednesday, April 20th. Royal Bank of Canada set a €49.00 ($51.58) price target on Danone in a research report on Wednesday, April 20th. Finally, Kepler Capital Markets set a €70.00 ($73.68) price target on Danone in a research report on Tuesday, January 11th. Four equities research analysts have rated the stock with a sell rating, two have assigned a hold rating and three have assigned a buy rating to the company’s stock. Based on data from MarketBeat, the stock currently has an average rating of “Hold” and a consensus price target of €58.35 ($61.42).

Shares of BN stock traded up €0.08 ($0.08) on Monday, hitting €56.10 ($59.05). 1,812,478 shares of the stock were exchanged, compared to its average volume of 1,940,000. The business has a 50-day moving average of €52.74 and a 200 day moving average of €54.62. Danone has a fifty-two week low of €61.87 ($65.13) and a fifty-two week high of €72.13 ($75.93).

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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