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

Shares of Danone (OTCMKTS:DANOY) have received an average recommendation of “Hold” from the seven research firms that are covering the firm, MarketBeat Ratings reports. Two analysts have rated the stock with a sell rating, two have assigned a hold rating, two have given a buy rating and one has issued a strong buy rating on the company.

A number of research analysts have issued reports on the stock. Santander upgraded shares of Danone to an “outperform” rating in a research note on Wednesday, June 10th. Morgan Stanley reissued an “overweight” rating on shares of Danone in a research report on Thursday, July 30th. Deutsche Bank Aktiengesellschaft reaffirmed a “sell” rating on shares of Danone in a research report on Friday, July 3rd. Finally, Jefferies Financial Group lowered Danone from a “buy” rating to an “underperform” rating in a report on Tuesday, July 21st.

Danone Price Performance

DANOY stock opened at $14.19 on Thursday. The firm has a 50 day moving average of $15.65 and a 200 day moving average of $15.64. The company has a current ratio of 0.90, a quick ratio of 0.75 and a debt-to-equity ratio of 0.58. Danone has a 52 week low of $14.19 and a 52 week high of $18.63.

About Danone

Danone is a France-based multinational food and beverage company focused on health-oriented products. Its principal business activities include essential dairy and plant-based products, waters, and specialized nutrition for infants, children and adults.

The company markets a broad portfolio of brands, including Activia, Actimel, Oikos, evian, Volvic, Aptamil and Nutricia. Its specialized nutrition operations provide infant formula, medical nutrition and other products designed to support specific dietary and health needs.

Danone traces its origins to 1919, when Isaac Carasso began producing yogurt in Barcelona, Spain.