Kepler Capital Markets set a €70.00 ($82.35) price objective on Danone (EPA:BN) in a report released on Tuesday, Borsen Zeitung reports. The firm currently has a buy rating on the stock.
A number of other equities research analysts have also weighed in on the company. Berenberg Bank set a €60.00 ($70.59) price objective on Danone and gave the stock a neutral rating in a research report on Monday, February 22nd. JPMorgan Chase & Co. set a €58.00 ($68.24) target price on Danone and gave the stock a neutral rating in a report on Thursday, March 25th. Jefferies Financial Group set a €70.00 ($82.35) target price on Danone and gave the stock a buy rating in a report on Monday, March 22nd. Royal Bank of Canada set a €64.00 ($75.29) target price on Danone and gave the stock a neutral rating in a report on Tuesday. Finally, Sanford C. Bernstein set a €50.00 ($58.82) target price on Danone and gave the stock a sell rating in a report on Monday. Three research analysts have rated the stock with a sell rating, seven have given a hold rating and five have given a buy rating to the stock. The company presently has a consensus rating of Hold and an average price target of €60.69 ($71.40).
Shares of BN stock opened at €59.25 ($69.71) on Tuesday. Danone has a twelve month low of €61.87 ($72.79) and a twelve month high of €72.13 ($84.86). The stock’s fifty day simple moving average is €58.49 and its 200 day simple moving average is €54.74.
Danone SA operates in the food and beverage industry in Europe, Noram, Latin America, the Asia Pacific, Africa, and the Middle East. The company operates through three segments: Essential Dairy & Plant-Based, Specialized Nutrition, and Waters. It produces and distributes yogurts; milk products; coffee creamers, drinks, and beverages; plant-based products; and ice creams, desserts, and nutritional powdered protein products under the Danone, Danonino or Prostokvashino, Light & Free, Actimel, Activia, Oikos, Danette, Danissimo, YoPRO, Horizon, SToK, Silk, So Delicious, Vega, and Alpro brands, as well as under the license brands, including International Delight, Dunkin' Donuts, and Bailey's.
Recommended Story: Short Selling
Receive News & Ratings for Danone Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Danone and related companies with MarketBeat.com's FREE daily email newsletter.