Danone (OTCMKTS:DANOY) Upgraded to “Strong-Buy” at Kepler Capital Markets

Kepler Capital Markets upgraded shares of Danone (OTCMKTS:DANOY) to a strong-buy rating in a report issued on Wednesday,Zacks.com reports.

DANOY has been the subject of a number of other research reports. Royal Bank Of Canada reiterated a “sector perform” rating on shares of Danone in a research note on Wednesday, October 29th. Morgan Stanley reiterated an “overweight” rating on shares of Danone in a research note on Thursday, January 29th. Citigroup reissued a “neutral” rating on shares of Danone in a research report on Wednesday, October 29th. Finally, Deutsche Bank Aktiengesellschaft downgraded shares of Danone from a “hold” rating to a “sell” rating in a research note on Monday, January 12th. One analyst has rated the stock with a Strong Buy rating, two have assigned a Buy rating, two have given a Hold rating and one has given a Sell rating to the company’s stock. According to data from MarketBeat.com, Danone presently has an average rating of “Moderate Buy”.

Danone Trading Up 4.1%

Shares of DANOY opened at $17.06 on Wednesday. The firm’s 50-day simple moving average is $17.30 and its two-hundred day simple moving average is $17.39. Danone has a fifty-two week low of $13.81 and a fifty-two week high of $18.63. The company has a debt-to-equity ratio of 0.66, a quick ratio of 0.78 and a current ratio of 0.95.

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.