Danone (EPA:BN) PT Set at €70.00 by JPMorgan Chase & Co.

Danone (EPA:BNGet Rating) received a €70.00 ($72.92) target price from research analysts at JPMorgan Chase & Co. in a research report issued to clients and investors on Friday, Borsen Zeitung reports. JPMorgan Chase & Co.‘s price target would suggest a potential upside of 39.25% from the company’s current price.

BN has been the subject of a number of other reports. Royal Bank of Canada set a €49.00 ($51.04) price objective on shares of Danone in a research report on Wednesday, April 20th. Barclays set a €70.00 ($72.92) price objective on shares of Danone in a research report on Thursday, April 21st. Deutsche Bank Aktiengesellschaft set a €60.00 ($62.50) price target on shares of Danone in a research report on Wednesday, March 9th. Credit Suisse Group set a €56.00 ($58.33) price target on shares of Danone in a research report on Wednesday, April 20th. Finally, Sanford C. Bernstein set a €56.00 ($58.33) price target on shares of Danone in a research report on Wednesday, April 20th.

Shares of Danone stock traded down €1.09 ($1.14) on Friday, reaching €50.27 ($52.36). 1,828,025 shares of the stock were exchanged, compared to its average volume of 1,940,000. The firm’s 50 day moving average is €54.63 and its 200-day moving average is €54.25. Danone has a one year low of €61.87 ($64.45) and a one year high of €72.13 ($75.14).

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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