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

Danone (EPA:BNGet Rating) has been assigned a €51.00 ($52.04) price objective by equities research analysts at The Goldman Sachs Group in a report released on Friday, Borsen Zeitung reports. The Goldman Sachs Group’s price objective indicates a potential downside of 5.22% from the stock’s previous close.

BN has been the subject of a number of other reports. Berenberg Bank set a €52.00 ($53.06) target price on Danone in a research note on Tuesday, July 19th. Barclays set a €70.00 ($71.43) price target on Danone in a report on Monday, June 20th. Sanford C. Bernstein set a €59.00 ($60.20) price target on Danone in a report on Friday, July 22nd. HSBC set a €56.00 ($57.14) price target on Danone in a report on Tuesday, June 7th. Finally, Royal Bank of Canada set a €51.00 ($52.04) price target on Danone in a report on Tuesday, June 21st.

Danone Stock Up 0.8 %

Shares of BN opened at €53.81 ($54.91) on Friday. Danone has a 52-week low of €61.87 ($63.13) and a 52-week high of €72.13 ($73.60). The stock has a fifty day simple moving average of €53.55 and a two-hundred day simple moving average of €53.95.

About Danone

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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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