Danone (OTCMKTS:DANOY) Upgraded at Royal Bank Of Canada

Danone (OTCMKTS:DANOY) was upgraded by analysts at Royal Bank Of Canada from an “underperform” rating to a “sector perform” rating in a report released on Wednesday, October 18th, MarketBeat reports.

DANOY has been the topic of a number of other reports. Zacks Investment Research cut Danone from a “buy” rating to a “hold” rating in a research report on Tuesday, August 22nd. Wells Fargo & Company initiated coverage on Danone in a research report on Friday, September 15th. They issued an “outperform” rating for the company. Four analysts have rated the stock with a hold rating and two have issued a buy rating to the company. The company has a consensus rating of “Hold” and a consensus price target of $18.00.

Shares of Danone (OTCMKTS DANOY) traded up $0.03 during mid-day trading on Wednesday, hitting $16.40. The stock had a trading volume of 95,224 shares, compared to its average volume of 321,708. Danone has a one year low of $12.21 and a one year high of $17.10. The company has a debt-to-equity ratio of 1.41, a quick ratio of 0.72 and a current ratio of 0.88.

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Danone Company Profile

Danone SA is engaged in holding directly or indirectly companies, and coordination of the main functions and activities. The Company operates through four segments: Fresh Dairy Products Division, Waters Division, Early Life Nutrition Division and Medical Nutrition Division. The Fresh Dairy Products Division produces and markets yogurts, fermented fresh dairy products and specialized dairy products.

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