Danone (OTCMKTS:DANOY) Upgraded at Kepler Capital Markets

Kepler Capital Markets upgraded shares of Danone (OTCMKTS:DANOY) to a strong-buy rating in a research report released on Wednesday morning,Zacks.com reports.

A number of other analysts have also commented on DANOY. Royal Bank Of Canada reaffirmed a “sector perform” rating on shares of Danone in a report on Wednesday, October 29th. Citigroup restated a “neutral” rating on shares of Danone in a research report on Wednesday, October 29th. Deutsche Bank Aktiengesellschaft cut Danone from a “hold” rating to a “sell” rating in a research note on Monday, January 12th. Finally, Morgan Stanley reiterated an “overweight” rating on shares of Danone in a report on Thursday, January 29th. One analyst has rated the stock with a Strong Buy rating, two have given a Buy rating, two have given a Hold rating and one has assigned a Sell rating to the stock. According to MarketBeat, the stock presently has a consensus rating of “Moderate Buy”.

Danone Trading Up 0.2%

Shares of OTCMKTS:DANOY opened at $17.09 on Wednesday. The company has a current ratio of 0.95, a quick ratio of 0.78 and a debt-to-equity ratio of 0.66. The company has a 50 day moving average of $17.29 and a 200-day moving average of $17.40. Danone has a one year low of $14.02 and a one year 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.