Investment analysts at Guggenheim began coverage on shares of Danone (OTCMKTS:DANOY) in a report released on Tuesday, The Fly reports. The firm set a “buy” rating on the stock.
A number of other equities analysts have also recently weighed in on the company. Zacks Investment Research raised Danone from a “sell” rating to a “hold” rating in a report on Monday, January 6th. Goldman Sachs Group raised Danone from a “sell” rating to a “neutral” rating in a report on Wednesday, January 8th. ValuEngine raised Danone from a “sell” rating to a “hold” rating in a report on Wednesday, November 27th. Royal Bank of Canada cut Danone from an “outperform” rating to a “sector perform” rating in a report on Monday, October 21st. Finally, Kepler Capital Markets cut Danone from a “buy” rating to a “hold” rating in a report on Monday, October 21st. One equities research analyst has rated the stock with a sell rating, seven have assigned a hold rating and four have given a buy rating to the company’s stock. Danone has an average rating of “Hold” and a consensus price target of $20.00.
OTCMKTS DANOY traded down $0.12 during trading hours on Tuesday, reaching $15.94. The company’s stock had a trading volume of 394,229 shares, compared to its average volume of 907,957. The firm has a market capitalization of $54.68 billion, a price-to-earnings ratio of 18.98, a P/E/G ratio of 2.28 and a beta of 0.67. Danone has a 1-year low of $14.00 and a 1-year high of $18.20. The company has a debt-to-equity ratio of 0.88, a current ratio of 0.95 and a quick ratio of 0.79. The company’s 50-day moving average is $16.41 and its two-hundred day moving average is $16.94.
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 DanActive, Danimals, Dannon, Danonino, Light & Fit, Oikos, Wallaby, YoCrunch, Danone, Danonino or Prostokvashino, Light & Free, and Vitalinea brand names; and almond-based, cashew-based, soy-based products, ice creams and novelties, and nutrition products under the Silk, So Delicious, Vega, and Alpro brands.
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