Other analysts have also issued research reports about the stock. Morgan Stanley lowered shares of Danone from an “overweight” rating to an “equal weight” rating in a research report on Tuesday, April 7th. Credit Suisse Group upgraded shares of Danone from a “neutral” rating to an “outperform” rating in a research report on Wednesday, April 15th. Jefferies Financial Group raised shares of Danone from a “hold” rating to a “buy” rating in a research note on Wednesday, March 18th. HSBC raised shares of Danone from a “hold” rating to a “buy” rating in a research note on Wednesday, April 8th. Finally, Societe Generale reaffirmed a “sell” rating on shares of Danone in a research note on Thursday, June 4th. Two investment analysts have rated the stock with a sell rating, eight have issued a hold rating and seven have issued a buy rating to the company. The stock currently has an average rating of “Hold” and an average price target of $20.00.
Shares of Danone stock opened at $13.96 on Monday. Danone has a fifty-two week low of $11.25 and a fifty-two week high of $18.20. The firm has a market capitalization of $47.89 billion, a P/E ratio of 16.23, a P/E/G ratio of 3.50 and a beta of 0.74. The company’s 50 day moving average price is $13.85 and its two-hundred day moving average price is $14.45.
Danone Company Profile
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 DanActive, Danimals, Dannon, Danonino, Light & Fit, Oikos, Wallaby, YoCrunch, Danone, Danonino or Prostokvashino, Light & Free, and Vitalinea brand names; and almond-based, cashew-based, soy-based products, ice creams and novelties, and nutrition products under the Silk, So Delicious, Vega, and Alpro brands.
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