Royal Bank of Canada set a €65.00 ($75.58) target price on Danone (EPA:BN) in a research note published on Monday morning, Borsen Zeitung reports. The firm currently has a neutral rating on the stock.
Other equities analysts have also recently issued reports about the company. Bryan, Garnier & Co set a €76.00 ($88.37) price objective on Danone and gave the stock a neutral rating in a report on Wednesday, February 26th. Deutsche Bank set a €88.00 ($102.33) price objective on Danone and gave the stock a buy rating in a report on Thursday, February 27th. Jefferies Financial Group set a €68.75 ($79.94) price objective on Danone and gave the stock a buy rating in a report on Wednesday, March 18th. Kepler Capital Markets set a €67.00 ($77.91) price objective on Danone and gave the stock a neutral rating in a report on Friday, March 6th. Finally, Credit Suisse Group set a €74.00 ($86.05) price objective on Danone and gave the stock a neutral rating in a report on Wednesday, February 26th. Seven equities research analysts have rated the stock with a hold rating and six have given a buy rating to the stock. Danone currently has an average rating of Hold and an average target price of €73.13 ($85.04).
BN opened at €58.56 ($68.09) on Monday. The stock has a 50-day moving average price of €64.81 and a 200-day moving average price of €72.86. Danone has a 12-month low of €61.87 ($71.94) and a 12-month high of €72.13 ($83.87).
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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