Groupe Danone SA Upgraded by Morgan Stanley to “Equal Weight” (DANOY)
Groupe Danone SA (NASDAQ:DANOY) was upgraded by equities researchers at Morgan Stanley from an “underweight” rating to an “equal weight” rating in a research report issued on Tuesday, AnalystRatings.NET reports.
Groupe Danone SA (NASDAQ:DANOY) opened at 14.55 on Tuesday. Groupe Danone SA has a 52-week low of $13.11 and a 52-week 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 $42.671 billion and a price-to-earnings ratio of 21.72.
Several other analysts have also recently commented on the stock. 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. 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. Three research analysts have rated the stock with a sell rating, four have issued a hold rating and one has assigned a buy rating to the company. Groupe Danone SA presently has a consensus rating of “Hold”.
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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