Citigroup Inc. Downgrades Groupe Danone SA to Neutral (DANOY)
Groupe Danone SA (NASDAQ:DANOY) was downgraded by investment analysts at Citigroup Inc. from a “buy” rating to a “neutral” rating in a note issued to investors on Thursday, TheFlyOnTheWall.com reports.
DANOY has been the subject of a number of other recent research reports. Analysts at Nomura reiterated a “buy” rating on shares of Groupe Danone SA in a research note to investors on Monday. Analysts at BNP Paribas downgraded shares of Groupe Danone SA from an “outperform” rating to a “neutral” rating in a research note to investors on Monday, September 9th. One analyst has rated the stock with a sell rating, two have assigned a hold rating and three have given a buy rating to the company. Groupe Danone SA has a consensus rating of “Hold”.
Groupe Danone SA (NASDAQ:DANOY) traded up 3.13% during mid-day trading on Thursday, hitting $14.51. 209,482 shares of the company’s stock traded hands. Groupe Danone SA has a 52-week low of $11.78 and a 52-week high of $16.12. The stock has a 50-day moving average of $14.96 and a 200-day moving average of $15.09. The company has a market cap of $42.521 billion and a P/E ratio of 18.44.
Groupe Danone is a food company that primarily produces fresh milk products, baby foods, biscuits, cereal products and medical nutrition products.
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