Danone (EPA:BN) Stock Price Passes Above Two Hundred Day Moving Average of $50.33

Shares of Danone S.A. (EPA:BN – Get Rating) crossed above its 200-day moving average during trading on Wednesday . The stock has a 200-day moving average of €50.33 ($54.12) and traded as high as €54.78 ($58.90). Danone shares last traded at €54.55 ($58.66), with a volume of 1,288,418 shares traded.

Wall Street Analyst Weigh In

Several equities analysts have recently commented on the stock. JPMorgan Chase & Co. set a €65.00 ($69.89) price target on shares of Danone in a research report on Wednesday, February 22nd. Sanford C. Bernstein set a €55.00 ($59.14) target price on shares of Danone in a report on Wednesday, February 22nd. Jefferies Financial Group set a €62.00 ($66.67) target price on shares of Danone in a report on Tuesday, February 28th. Royal Bank of Canada set a €70.00 ($75.27) target price on shares of Danone in a report on Wednesday, February 22nd. Finally, The Goldman Sachs Group set a €48.00 ($51.61) target price on shares of Danone in a report on Wednesday, February 22nd.

Danone Trading Down 0.4 %

The stock has a fifty day moving average price of €51.47 and a two-hundred day moving average price of €50.33.

Danone Company Profile

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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, beverages, and drinks; plant-based products; and ice creams, frozen desserts, and cheese products under the Actimel, Activia, Alpro, Aptamil, Danette, Danio, Danonino, evian, Nutricia, Nutrilon, Volvic, Danone, Prostokvashino, Light & Free, Oikos, Danissimo, YoPRO, International Delight, SToK, Silk, and So Delicious, as well as under the licensed brand Dunkin' Donuts.