Danone (DANOY) Upgraded at Credit Suisse Group
Several other research analysts also recently weighed in on the stock. Zacks Investment Research raised shares of Danone from a sell rating to a hold rating in a report on Tuesday, August 28th. Deutsche Bank raised shares of Danone from a hold rating to a buy rating in a report on Tuesday, July 31st. Finally, Royal Bank of Canada raised shares of Danone from a sector perform rating to a buy rating in a report on Thursday, July 5th. Two investment analysts have rated the stock with a hold rating and four have given a buy rating to the stock. The company currently has an average rating of Buy and a consensus target price of $17.00.
Shares of Danone stock opened at $15.38 on Friday. The firm has a market capitalization of $48.16 billion, a P/E ratio of 17.48, a PEG ratio of 2.27 and a beta of 0.76. The company has a quick ratio of 0.89, a current ratio of 1.05 and a debt-to-equity ratio of 1.00. Danone has a fifty-two week low of $14.46 and a fifty-two week high of $17.54.
Danone SA operates in the food and beverage industry worldwide. The company operates through four segments: EDP International, EDP Noram, Specialized Nutrition, and Waters. It offers yogurts under the Danone, Activia, DanActiv, Danimals, Dannon, Danonino, Happy Family, Horizon Organic, Light & Fit, Oikos, YoCrunch, and Danio brands; and almond and soy milk, ice creams and novelties, and powdered proteins under the Silk, So Delicious, Vega, and Alpro brands.
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