Wells Fargo & Company assumed coverage on shares of Danone (OTCMKTS:DANOY) in a research note issued to investors on Friday, The Fly reports. The firm set an “outperform” rating on the stock.

Separately, Zacks Investment Research raised shares of Danone from a “sell” rating to a “buy” rating and set a $17.00 price target on the stock in a research note on Thursday, May 18th. Three investment analysts have rated the stock with a hold rating and five have assigned a buy rating to the stock. The company has a consensus rating of “Buy” and an average price target of $18.00.

Danone (DANOY) traded down 0.68% during trading on Friday, reaching $16.10. The company had a trading volume of 121,007 shares. Danone has a 52-week low of $12.21 and a 52-week high of $17.10. The company has a market capitalization of $50.88 billion, a PE ratio of 23.45 and a beta of 0.74. The stock has a 50 day moving average price of $15.76 and a 200-day moving average price of $14.73.

ILLEGAL ACTIVITY NOTICE: “Danone (DANOY) Research Coverage Started at Wells Fargo & Company” was first posted by American Banking News and is the property of of American Banking News. If you are viewing this story on another site, it was illegally stolen and reposted in violation of international copyright and trademark legislation. The original version of this story can be viewed at https://www.americanbankingnews.com/2017/09/15/danone-danoy-research-coverage-started-at-wells-fargo-company.html.

Danone 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 produces and markets yogurts, fermented fresh dairy products and specialized dairy products.

The Fly

Analyst Recommendations for Danone (OTCMKTS:DANOY)

Receive News & Ratings for Danone Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Danone and related companies with MarketBeat.com's FREE daily email newsletter.