Macquarie Reiterates €63.00 Price Target for Danone SA (BN)
Danone SA (EPA:BN) has been assigned a €63.00 ($69.23) price target by research analysts at Macquarie in a research report issued on Wednesday. The brokerage presently has a a “neutral” rating on the stock.
A number of other research firms also recently commented on BN. Jefferies Group set a €68.00 ($74.73) target price on Danone SA and gave the stock a “neutral” rating in a report on Thursday, July 14th. Deutsche Bank AG set a €63.00 ($69.23) target price on Danone SA and gave the stock a “neutral” rating in a report on Wednesday, July 13th. JPMorgan Chase & Co. set a €68.00 ($74.73) target price on Danone SA and gave the stock a “neutral” rating in a report on Tuesday, July 12th. Kepler Capital Markets set a €80.00 ($87.91) target price on Danone SA and gave the stock a “buy” rating in a report on Monday, July 11th. Finally, BNP Paribas set a €72.00 ($79.12) target price on Danone SA and gave the stock a “buy” rating in a report on Monday, July 11th. Five research analysts have rated the stock with a sell rating, five have assigned a hold rating and ten have issued a buy rating to the stock. The company has a consensus rating of “Hold” and a consensus price target of €70.30 ($77.25).
Danone SA (EPA:BN) opened at 63.45 on Wednesday. The company has a market capitalization of €39.13 billion and a P/E ratio of 22.38. The stock’s 50 day moving average price is €66.22 and its 200-day moving average price is €64.38. Danone SA has a 52-week low of €57.49 and a 52-week high of €70.53.
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Danone SA Company Profile
Danone SA is engaged in holding directly or indirectly companies, and coordination of the main functions and activities. The Company operates through four segments: Fresh Dairy Products Division, Waters Division, Early Life Nutrition Division and Medical Nutrition Division. The Fresh Dairy Products Division is engaged in the production and distribution of yogurts, fermented dairy products and other fresh dairy specialties.
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