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

Shares of Danone (OTCMKTS:DANOY) have been given a consensus recommendation of “Hold” by the six research firms that are presently covering the firm, MarketBeat Ratings reports. Four investment analysts have rated the stock with a hold recommendation and two have issued a buy recommendation on the company.

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

Danone Stock Performance

Shares of DANOY stock opened at $17.72 on Tuesday. The business has a 50-day moving average price of $17.85 and a two-hundred day moving average price of $17.10. Danone has a 12-month low of $13.02 and a 12-month high of $18.63. The company has a quick ratio of 0.78, a current ratio of 0.95 and a debt-to-equity ratio of 0.66.

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.