Danone SA (BN) PT Set at €80.00 by Morgan Stanley
Danone SA (EPA:BN) received a €80.00 ($88.89) price target from investment analysts at Morgan Stanley in a report issued on Wednesday. The firm presently has a a “buy” rating on the stock.
A number of other brokerages also recently weighed in on BN. Independent Research GmbH set a €69.50 ($77.22) price objective on shares of Danone SA and gave the company a “neutral” rating in a research report on Friday, July 8th. Barclays PLC set a €69.00 ($76.67) price objective on shares of Danone SA and gave the company a “buy” rating in a research report on Friday, July 8th. Kepler Capital Markets set a €76.00 ($84.44) price objective on shares of Danone SA and gave the company a “buy” rating in a research report on Tuesday, July 5th. JPMorgan Chase & Co. set a €59.00 ($65.56) price objective on shares of Danone SA and gave the company a “sell” rating in a research report on Thursday, June 30th. Finally, HSBC set a €72.00 ($80.00) price objective on shares of Danone SA and gave the company a “buy” rating in a research report on Thursday, June 30th. Five research analysts have rated the stock with a sell rating, five have assigned a hold rating and eight have given a buy rating to the company. The stock currently has an average rating of “Hold” and an average price target of €70.00 ($77.78).
Shares of Danone SA (EPA:BN) opened at 66.17 on Wednesday. The firm has a market capitalization of €40.81 billion and a P/E ratio of 23.34. Danone SA has a 52-week low of €53.44 and a 52-week high of €70.53. The stock’s 50 day moving average is €67.99 and its 200-day moving average is €64.04.
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About Danone SA
Danone SA is a France-based food company. The Company is the parent company of the Danone Group (Group). The Company has mainly a role of holding, directly or indirectly, companies of the Group, and coordinating the Group’s main functions and activities. The Group is organized around its four divisions.
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