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

Shares of Danone (OTCMKTS:DANOY) have been given an average rating of “Moderate Buy” by the seven analysts that are covering the stock, MarketBeat Ratings reports. One equities research analyst has rated the stock with a sell rating, two have assigned a hold rating, three have assigned a buy rating and one has assigned a strong buy rating to the company.

A number of research firms have commented on DANOY. Santander raised shares of Danone to an “outperform” rating in a research note on Wednesday, June 10th. Deutsche Bank Aktiengesellschaft restated a “sell” rating on shares of Danone in a research report on Thursday, May 7th.

Danone Price Performance

DANOY stock opened at $16.46 on Friday. The company’s 50 day moving average is $15.12 and its 200 day moving average is $16.23. The company has a debt-to-equity ratio of 0.58, a quick ratio of 0.75 and a current ratio of 0.90. Danone has a 1-year low of $14.19 and a 1-year high of $18.63.

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.