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

Danone (OTCMKTS:DANOY) has earned a consensus recommendation of “Hold” from the five research firms that are presently covering the stock, Marketbeat reports. One investment analyst has rated the stock with a sell rating, two have given a hold rating and two have assigned a buy rating to the company.

A number of brokerages have issued reports on DANOY. Citigroup reissued a “neutral” rating on shares of Danone in a research note on Wednesday, October 29th. Royal Bank Of Canada reissued a “sector perform” rating on shares of Danone in a research report on Wednesday, October 29th. Morgan Stanley reaffirmed an “overweight” rating on shares of Danone in a research report on Thursday. Finally, Deutsche Bank Aktiengesellschaft downgraded Danone from a “hold” rating to a “sell” rating in a research note on Monday, January 12th.

Danone Price Performance

DANOY stock opened at $15.62 on Wednesday. The firm has a 50 day simple moving average of $17.53 and a 200 day simple moving average of $17.33. Danone has a 52 week low of $13.50 and a 52 week high of $18.63. 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 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.