Danone (DANOY) Research Coverage Started at Wells Fargo & Company
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.
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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.
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