Danone’s (DANOY) Hold Rating Reaffirmed at Deutsche Bank Aktiengesellschaft

Deutsche Bank Aktiengesellschaft restated their hold rating on shares of Danone (OTCMKTS:DANOY) in a research report sent to investors on Thursday morning, The Fly reports.

DANOY has been the subject of several other reports. Bank of America cut Danone from a neutral rating to an underperform rating in a research note on Tuesday, September 7th. Royal Bank of Canada cut Danone from a sector perform rating to an underperform rating in a research note on Wednesday, June 9th. BNP Paribas cut Danone from a neutral rating to an underperform rating in a research note on Tuesday, June 15th. Barclays reiterated an overweight rating on shares of Danone in a research note on Friday, July 30th. Finally, Exane BNP Paribas cut Danone from a neutral rating to an underperform rating in a research note on Tuesday, June 15th. Nine investment analysts have rated the stock with a sell rating, five have issued a hold rating and four have assigned a buy rating to the stock. According to data from MarketBeat, the company has a consensus rating of Hold and an average price target of $15.00.

OTCMKTS DANOY opened at $14.03 on Thursday. The business has a fifty day moving average price of $14.43 and a two-hundred day moving average price of $14.22. The company has a debt-to-equity ratio of 0.75, a current ratio of 1.03 and a quick ratio of 0.85. Danone has a fifty-two week low of $10.71 and a fifty-two week high of $15.38. The stock has a market capitalization of $48.17 billion, a PE ratio of 18.46, a PEG ratio of 5.11 and a beta of 0.75.

About Danone

Danone SA engages in the food processing industry. It operates through the following divisions: Fresh Dairy Products, Waters, Early Life Nutrition, and Medical Nutrition. The Fresh Dairy Products division produces and markets yogurts, fermented fresh dairy products, and other specialized fresh dairy products.

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