Danone (OTCMKTS:DANOY) Given Average Recommendation of “Hold” by Brokerages

Shares of Danone (OTCMKTS:DANOY) have earned an average recommendation of “Hold” from the six brokerages that are currently covering the stock, MarketBeat reports. Four analysts have rated the stock with a hold recommendation and two have assigned a buy recommendation to the company.

Several research firms recently issued reports on DANOY. Jefferies Financial Group raised Danone from an “underperform” rating to a “buy” rating in a research note on Tuesday, September 16th. Wall Street Zen lowered shares of Danone from a “buy” rating to a “hold” rating in a research note on Friday, August 15th. Morgan Stanley reaffirmed an “overweight” rating on shares of Danone in a research note on Friday, October 10th. Citigroup reiterated a “neutral” rating on shares of Danone in a report on Wednesday, October 29th. Finally, Royal Bank Of Canada restated a “sector perform” rating on shares of Danone in a research note on Wednesday, October 29th.

Danone Stock Down 1.3%

OTCMKTS:DANOY opened at $18.32 on Friday. Danone has a 52 week low of $13.02 and a 52 week high of $18.63. The stock’s fifty day moving average is $17.69 and its two-hundred day moving average is $16.97. The company has a debt-to-equity ratio of 0.66, a quick ratio of 0.78 and a current ratio of 0.95.

Danone Company Profile

Danone SA operates in the food and beverage industry in Europe, Ukraine, North America, China, North Asia, the Oceania, Latin America, rest of Asia, Africa, Turkey, the Middle East, and the Commonwealth of Independent States. The company operates through Essential Dairy & Plant-Based, Specialized Nutrition, and Waters segments.