Groupe Danone SA Given Consensus Rating of “Hold” by Brokerages (NASDAQ:DANOY)
Groupe Danone SA (NASDAQ:DANOY) has been given a consensus recommendation of “Hold” by the eight brokerages that are presently covering the company, Analyst Ratings Network.com reports. Three equities research analysts have rated the stock with a sell rating, four have issued a hold rating and one has given a buy rating to the company.
Shares of Groupe Danone SA (NASDAQ:DANOY) traded up 2.27% during mid-day trading on Tuesday, hitting $14.88. 58,083 shares of the company’s stock traded hands. Groupe Danone SA has a 1-year low of $13.11 and a 1-year high of $16.12. The stock’s 50-day moving average is $14.45 and its 200-day moving average is $14.26. The company has a market cap of $43.639 billion and a P/E ratio of 21.72.
A number of research firms have recently commented on DANOY. Analysts at Morgan Stanley upgraded shares of Groupe Danone SA from an “underweight” rating to an “equal weight” rating in a research note on Tuesday. Separately, analysts at Zacks downgraded shares of Groupe Danone SA from a “hold” rating to a “sell” rating in a research note on Tuesday, April 15th. Finally, analysts at Barclays downgraded shares of Groupe Danone SA from an “equal weight” rating to an “underweight” rating in a research note on Friday, March 28th.
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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