Danone (EPA:BN) received a €70.00 ($81.40) price target from equities research analysts at JPMorgan Chase & Co. in a research note issued to investors on Wednesday, October 17th. The brokerage presently has a “neutral” rating on the stock. JPMorgan Chase & Co.’s target price indicates a potential upside of 4.04% from the company’s previous close.
A number of other analysts also recently issued reports on BN. BNP Paribas set a €69.00 ($80.23) price target on shares of Danone and gave the company a “neutral” rating in a report on Monday, June 25th. Goldman Sachs Group set a €71.00 ($82.56) price target on shares of Danone and gave the company a “neutral” rating in a report on Friday, June 22nd. Morgan Stanley set a €80.00 ($93.02) price objective on shares of Danone and gave the stock a “buy” rating in a research note on Thursday, June 21st. Credit Suisse Group set a €67.00 ($77.91) price objective on shares of Danone and gave the stock a “neutral” rating in a research note on Wednesday, July 18th. Finally, Royal Bank of Canada set a €72.00 ($83.72) price objective on shares of Danone and gave the stock a “buy” rating in a research note on Wednesday, October 17th. Seven investment analysts have rated the stock with a hold rating and ten have given a buy rating to the company. Danone currently has a consensus rating of “Buy” and an average target price of €73.90 ($85.93).
Shares of BN stock traded down €0.08 ($0.09) on Wednesday, hitting €67.28 ($78.23). 3,180,000 shares of the stock traded hands, compared to its average volume of 1,940,000. Danone has a 52 week low of €61.87 ($71.94) and a 52 week high of €72.13 ($83.87).
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 Danone, Activia, DanActiv, Danimals, Dannon, Danonino, Happy Family, Horizon Organic, Light & Fit, Oikos, YoCrunch, and Danio brands; and almond and soy milk, ice creams and novelties, and powdered proteins under the Silk, So Delicious, Vega, and Alpro brands.
Featured Article: Stock Symbol
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.