Danone (OTCMKTS:DANOY) Given Consensus Recommendation of “Moderate Buy” by Analysts

Shares of Danone (OTCMKTS:DANOY) have been assigned a consensus recommendation of “Moderate Buy” from the six brokerages that are covering the company, MarketBeat.com reports. One investment analyst has rated the stock with a sell rating, two have assigned a hold rating, two have issued a buy rating and one has assigned a strong buy rating to the company.

Several equities analysts have weighed in on the company. Royal Bank Of Canada restated a “sector perform” rating on shares of Danone in a report on Wednesday, October 29th. Morgan Stanley reissued an “overweight” rating on shares of Danone in a report on Thursday, January 29th. Kepler Capital Markets raised shares of Danone to a “strong-buy” rating in a research note on Wednesday, February 11th. Deutsche Bank Aktiengesellschaft cut shares of Danone from a “hold” rating to a “sell” rating in a research note on Monday, January 12th. Finally, Citigroup restated a “neutral” rating on shares of Danone in a research report on Wednesday, October 29th.

Danone Stock Performance

Shares of Danone stock opened at $17.31 on Friday. Danone has a twelve month low of $14.09 and a twelve month 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. The business has a 50-day moving average price of $17.24 and a 200-day moving average price of $17.43.

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.