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

Danone (OTCMKTS:DANOY) has received an average recommendation of “Hold” from the seven analysts that are covering the stock, Marketbeat.com reports. Two equities research analysts have rated the stock with a sell rating, two have issued a hold rating, two have assigned a buy rating and one has assigned a strong buy rating to the company.

Several analysts recently issued reports on the company. Morgan Stanley reiterated an “overweight” rating on shares of Danone in a report on Thursday, July 30th. Jefferies Financial Group lowered Danone from a “buy” rating to an “underperform” rating in a research note on Tuesday, July 21st. Santander raised Danone to an “outperform” rating in a research report on Wednesday, June 10th. Finally, Deutsche Bank Aktiengesellschaft restated a “sell” rating on shares of Danone in a report on Friday, July 3rd.

Danone Trading Up 0.7%

OTCMKTS DANOY opened at $15.09 on Friday. 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 one year low of $14.19 and a one year high of $18.63. The company’s 50 day moving average price is $15.96 and its 200 day moving average price is $15.86.

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.