Danone (OTCMKTS:DANOY) Given Consensus Rating of “Hold” by Analysts

Danone (OTCMKTS:DANOY) has been given an average rating of “Hold” by the five brokerages that are currently covering the company, Marketbeat.com reports. Three analysts have rated the stock with a hold recommendation and two have issued a buy recommendation on the company.

Several analysts recently commented on DANOY shares. Jefferies Financial Group upgraded Danone from an “underperform” rating to a “buy” rating in a report on Tuesday, September 16th. Royal Bank Of Canada restated a “sector perform” rating on shares of Danone in a research report on Wednesday, October 29th. Morgan Stanley reiterated an “overweight” rating on shares of Danone in a research report on Friday, October 10th. Finally, Citigroup reissued a “neutral” rating on shares of Danone in a research note on Wednesday, October 29th.

Danone Trading Down 1.3%

OTCMKTS DANOY opened at $17.81 on Friday. The business’s 50-day moving average price is $17.99 and its two-hundred day moving average price is $17.24. The company has a current ratio of 0.95, a quick ratio of 0.78 and a debt-to-equity ratio of 0.66. Danone has a 12 month low of $13.02 and a 12 month high of $18.63.

About Danone

Danone is a French multinational food-products company headquartered in Paris, with roots dating to 1919 when it was founded by Isaac Carasso. The company positions itself around nutrition and health-oriented food and beverage products, and it combines global brand management, manufacturing and distribution to serve a broad consumer base. Danone’s long history has been characterized by expansion beyond its original yogurt business into bottled water, infant and medical nutrition, and plant-based alternatives.

Danone’s principal activities include the development, production and marketing of dairy and plant-based products, bottled waters, and specialized nutrition for infants and medical patients.