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

Danone (OTCMKTS:DANOY) has received a consensus recommendation of “Moderate Buy” from the six analysts that are currently covering the firm, MarketBeat reports. One equities research analyst has rated the stock with a sell recommendation, two have issued a hold recommendation, two have assigned a buy recommendation and one has assigned a strong buy recommendation to the company.

Several analysts have issued reports on DANOY shares. Citigroup reissued a “neutral” rating on shares of Danone in a research note on Wednesday, October 29th. Deutsche Bank Aktiengesellschaft downgraded Danone from a “hold” rating to a “sell” rating in a report on Monday, January 12th. Kepler Capital Markets upgraded Danone to a “strong-buy” rating in a research note on Wednesday, February 11th. Morgan Stanley reaffirmed an “overweight” rating on shares of Danone in a research note on Monday. Finally, Royal Bank Of Canada reissued a “sector perform” rating on shares of Danone in a research report on Wednesday, October 29th.

Danone Stock Up 0.1%

DANOY opened at $16.95 on Friday. Danone has a 12 month low of $14.09 and a 12 month high of $18.63. The firm’s fifty day simple moving average is $17.19 and its 200 day simple moving average is $17.44. The company has a quick ratio of 0.78, a current ratio of 0.95 and a debt-to-equity ratio of 0.66.

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.