Danone (OTCMKTS:DANOY) Upgraded to Outperform at BNP Paribas

Danone (OTCMKTS:DANOY) was upgraded by BNP Paribas from a “neutral” rating to an “outperform” rating in a research report issued on Wednesday, Briefing.com Automated Import reports.

DANOY has been the subject of a number of other research reports. HSBC began coverage on Danone in a research note on Friday, June 28th. They issued a “hold” rating for the company. Zacks Investment Research raised Danone from a “sell” rating to a “hold” rating in a research note on Tuesday, July 30th. Finally, Credit Suisse Group lowered Danone from an “outperform” rating to a “neutral” rating in a research note on Monday, July 15th. One research analyst has rated the stock with a sell rating, three have given a hold rating and four have assigned a buy rating to the company’s stock. Danone currently has a consensus rating of “Hold” and an average target price of $18.00.

Shares of OTCMKTS DANOY traded up $0.23 during mid-day trading on Wednesday, reaching $17.55. The company’s stock had a trading volume of 21,551 shares, compared to its average volume of 529,637. The company has a market cap of $56.05 billion, a price-to-earnings ratio of 20.90, a PEG ratio of 2.57 and a beta of 0.72. The company has a quick ratio of 0.86, a current ratio of 1.04 and a debt-to-equity ratio of 0.87. The firm’s fifty day simple moving average is $17.09. Danone has a 52 week low of $13.57 and a 52 week high of $17.65.

About Danone

Danone SA operates in the food and beverage industry worldwide. The company operates through four segments: EDP International, EDP Noram, Specialized Nutrition, and Waters. It offers yogurts under the DanActive, Danimals, Dannon, Danonino, Light & Fit, Oikos, Wallaby, YoCrunch, Danone, Danonino or Prostokvashino, Light & Free, and Vitalinea brand names; and almond-based, cashew-based, soy-based products, ice creams and novelties, and nutrition products under the Silk, So Delicious, Vega, and Alpro brands.

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Analyst Recommendations for Danone (OTCMKTS:DANOY)

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