Danone (BN) PT Set at €74.00 by Societe Generale

Danone (EPA:BN) has been given a €74.00 ($86.05) price target by Societe Generale in a research note issued to investors on Thursday. The brokerage presently has a “buy” rating on the stock. Societe Generale’s price objective suggests a potential upside of 9.99% from the company’s previous close.

Several other research firms have also recently commented on BN. Deutsche Bank set a €80.00 ($93.02) target price on Danone and gave the company a “buy” rating in a research report on Tuesday, July 31st. Royal Bank of Canada set a €72.00 ($83.72) target price on Danone and gave the company a “buy” rating in a research report on Tuesday, July 31st. Baader Bank set a €72.00 ($83.72) target price on Danone and gave the company a “neutral” rating in a research report on Monday, July 30th. Goldman Sachs Group set a €72.00 ($83.72) target price on Danone and gave the company a “neutral” rating in a research report on Monday, July 30th. Finally, JPMorgan Chase & Co. set a €70.00 ($81.40) target price on Danone and gave the company a “neutral” rating in a research report on Friday, July 27th. Eight investment analysts have rated the stock with a hold rating and nine have assigned a buy rating to the company. The company currently has an average rating of “Buy” and a consensus price target of €73.68 ($85.67).

BN opened at €67.28 ($78.23) on Thursday. Danone has a 12 month low of €61.87 ($71.94) and a 12 month high of €72.13 ($83.87).

About Danone

Danone SA operates in the food and beverage industry worldwide. The company operates through four segments: EDP International, EDP Noram, Specialized Nutrition, and Waters. It offers yogurts under the Danone, Activia, DanActiv, Danimals, Dannon, Danonino, Happy Family, Horizon Organic, Light & Fit, Oikos, YoCrunch, and Danio brands; and almond and soy milk, ice creams and novelties, and powdered proteins under the Silk, So Delicious, Vega, and Alpro brands.

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Analyst Recommendations for Danone (EPA:BN)

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