Danone (OTCMKTS:DANOY) Given Average Rating of “Moderate Buy” by Analysts

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

A number of brokerages have recently issued reports on DANOY. Morgan Stanley restated an “overweight” rating on shares of Danone in a research note on Monday, February 23rd. Kepler Capital Markets upgraded shares of Danone to a “strong-buy” rating in a research note on Wednesday, February 11th. Finally, Deutsche Bank Aktiengesellschaft lowered shares of Danone from a “hold” rating to a “sell” rating in a research note on Monday, January 12th.

Danone Price Performance

OTCMKTS:DANOY opened at $16.21 on Monday. The firm has a 50-day moving average of $16.40 and a two-hundred day moving average of $17.21. The company has a debt-to-equity ratio of 0.58, a current ratio of 0.90 and a quick ratio of 0.75. Danone has a 1-year low of $15.12 and a 1-year high of $18.63.

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.