Danone (OTCMKTS:DANOY) Given Consensus Rating of “Moderate Buy” by Brokerages

Danone (OTCMKTS:DANOY) has been assigned an average recommendation of “Moderate Buy” from the seven research firms that are presently covering the company, MarketBeat Ratings reports. One investment analyst has rated the stock with a sell recommendation, two have given a hold recommendation, three have assigned a buy recommendation and one has assigned a strong buy recommendation to the company.

Several research firms have recently weighed in on DANOY. Morgan Stanley reaffirmed an “overweight” rating on shares of Danone in a report on Monday. Deutsche Bank Aktiengesellschaft reissued a “sell” rating on shares of Danone in a report on Friday. Finally, Santander upgraded Danone to an “outperform” rating in a research report on Wednesday, June 10th.

Danone Price Performance

Shares of DANOY stock opened at $16.97 on Friday. Danone has a 12-month low of $14.19 and a 12-month high of $18.63. The company has a debt-to-equity ratio of 0.58, a current ratio of 0.90 and a quick ratio of 0.75. The firm has a 50-day moving average price of $15.20 and a 200 day moving average price of $16.20.

About Danone

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.