Danone (OTCMKTS:DANOY) was downgraded by equities researchers at BNP Paribas to a “hold” rating in a report released on Sunday.
Several other research firms also recently weighed in on DANOY. Zacks Investment Research raised Danone from a “hold” rating to a “buy” rating and set a $19.00 price target for the company in a research report on Tuesday, December 12th. Credit Suisse Group raised Danone from an “underperform” rating to a “hold” rating in a research report on Friday, January 19th. Finally, Goldman Sachs raised Danone from a “sell” rating to a “neutral” rating in a research report on Tuesday, February 6th. Five analysts have rated the stock with a hold rating and one has given a buy rating to the stock. The stock currently has a consensus rating of “Hold” and a consensus target price of $20.00.
Shares of DANOY stock opened at $16.05 on Friday. The firm has a market cap of $49,512.80, a P/E ratio of 18.24, a PEG ratio of 1.80 and a beta of 0.78. Danone has a 1 year low of $13.29 and a 1 year high of $17.54. The company has a quick ratio of 0.77, a current ratio of 0.93 and a debt-to-equity ratio of 1.07.
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Danone SA is engaged in holding directly or indirectly companies, and coordination of the main functions and activities. The Company operates through four segments: Fresh Dairy Products Division, Waters Division, Early Life Nutrition Division and Medical Nutrition Division. The Fresh Dairy Products Division produces and markets yogurts, fermented fresh dairy products and specialized dairy products.
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