Danone (OTCMKTS:DANOY) Given Average Rating of “Moderate Buy” by Brokerages

Danone (OTCMKTS:DANOY) has earned an average recommendation of “Moderate Buy” from the six research firms that are currently covering the firm, MarketBeat Ratings reports. One research analyst has rated the stock with a sell recommendation, two have assigned a hold recommendation, two have issued a buy recommendation and one has assigned a strong buy recommendation to the company.

Several equities analysts recently commented on DANOY shares. Citigroup reiterated a “neutral” rating on shares of Danone in a report on Wednesday, October 29th. Royal Bank Of Canada reaffirmed a “sector perform” rating on shares of Danone in a research note on Wednesday, October 29th. Kepler Capital Markets upgraded Danone to a “strong-buy” rating in a report on Wednesday, February 11th. Deutsche Bank Aktiengesellschaft cut Danone from a “hold” rating to a “sell” rating in a report on Monday, January 12th. Finally, Morgan Stanley reiterated an “overweight” rating on shares of Danone in a research note on Thursday, January 29th.

Danone Trading Down 0.5%

DANOY stock opened at $17.31 on Friday. Danone has a twelve month low of $14.09 and a twelve month high of $18.63. The company has a current ratio of 0.95, a quick ratio of 0.78 and a debt-to-equity ratio of 0.66. The firm’s fifty day simple moving average is $17.24 and its two-hundred day simple moving average is $17.43.

Danone Company Profile

Danone is a French multinational food-products company headquartered in Paris, with roots dating to 1919 when it was founded by Isaac Carasso. The company positions itself around nutrition and health-oriented food and beverage products, and it combines global brand management, manufacturing and distribution to serve a broad consumer base. Danone’s long history has been characterized by expansion beyond its original yogurt business into bottled water, infant and medical nutrition, and plant-based alternatives.

Danone’s principal activities include the development, production and marketing of dairy and plant-based products, bottled waters, and specialized nutrition for infants and medical patients.