According to Zacks, “Danone SA is engaged in food processing activities primarily in France and internationally. The Company operates in four business lines: Fresh Dairy Products, Waters, Baby Nutrition, and Medical Nutrition. The Fresh Dairy Products division produces and markets yogurts, fermented fresh dairy products, and other specialized fresh dairy products .The Waters division produces and distributes packaged natural, flavored, and vitamin-enriched water. The Baby Nutrition division provides food for infants and toddlers to complement breast-feeding. The Medical Nutrition division offers products to treat disease-related to malnutrition. Danone SA, formerly known as Groupe Danone, is based in Paris, France. “
A number of other equities research analysts also recently issued reports on DANOY. AlphaValue downgraded shares of Danone to a “buy” rating in a research note on Thursday, March 25th. Societe Generale reissued a “sell” rating on shares of Danone in a research report on Tuesday, January 26th. Deutsche Bank Aktiengesellschaft restated a “hold” rating on shares of Danone in a report on Thursday, January 14th. Berenberg Bank reiterated a “hold” rating on shares of Danone in a research note on Tuesday, February 23rd. Finally, DZ Bank cut shares of Danone from a “buy” rating to a “hold” rating in a research report on Thursday, April 22nd. Four research analysts have rated the stock with a sell rating, eight have issued a hold rating and two have issued a buy rating to the company. The stock currently has an average rating of “Hold”.
Danone Company Profile
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.
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