Danone (OTCMKTS:DANOY) Receives Consensus Recommendation of “Hold” from Analysts

Danone (OTCMKTS:DANOY) has been given a consensus recommendation of “Hold” by the six brokerages that are currently covering the firm, MarketBeat.com reports. Four research analysts have rated the stock with a hold recommendation and two have assigned a buy recommendation to the company.

Several brokerages have recently issued reports on DANOY. Wall Street Zen lowered Danone from a “buy” rating to a “hold” rating in a research report on Friday, August 15th. Morgan Stanley reissued an “overweight” rating on shares of Danone in a research report on Friday, October 10th. Finally, Jefferies Financial Group raised Danone from an “underperform” rating to a “buy” rating in a research report on Tuesday, September 16th.

Danone Stock Up 1.7%

Shares of DANOY stock opened at $18.20 on Monday. Danone has a 1-year low of $13.02 and a 1-year high of $18.31. The company has a debt-to-equity ratio of 0.66, a quick ratio of 0.78 and a current ratio of 0.95. The business has a 50-day moving average of $17.24 and a 200 day moving average of $16.73.

Danone Company Profile

Danone SA operates in the food and beverage industry in Europe, Ukraine, North America, China, North Asia, the Oceania, Latin America, rest of Asia, Africa, Turkey, the Middle East, and the Commonwealth of Independent States. The company operates through Essential Dairy & Plant-Based, Specialized Nutrition, and Waters segments.