Zacks: Danone SA (NASDAQ:DANOY) Receives Average Rating of “Strong Buy” from Analysts
Danone SA (NASDAQ:DANOY) has been given a consensus broker rating score of 1.40 (Strong Buy) from the five brokers that cover the company, Zacks Investment Research reports. One equities research analyst has rated the stock with a hold recommendation and four have issued a strong buy recommendation on the company. Danone SA’s rating score has improved by 30% in the last three months as a result of various analysts’ ratings changes.
Analysts have set a 1 year consensus price target of $15.85 for the company, according to Zacks. Zacks has also given Danone SA an industry rank of 182 out of 265 based on the ratings given to its competitors.
A number of research analysts recently issued reports on the company. Zacks Investment Research raised Danone SA from a “hold” rating to a “buy” rating and set a $16.00 target price on the stock in a report on Tuesday, July 12th. JPMorgan Chase & Co. upgraded Danone SA from an “underweight” rating to a “neutral” rating in a research report on Tuesday, July 12th. Finally, Deutsche Bank AG lowered Danone SA from a “hold” rating to a “sell” rating in a research report on Friday, September 9th.
Shares of Danone SA (NASDAQ:DANOY) opened at 14.875 on Tuesday. The company’s 50-day moving average is $15.22 and its 200-day moving average is $14.38. The firm has a market cap of $45.87 billion and a P/E ratio of 23.433. Danone SA has a 52-week low of $12.12 and a 52-week high of $15.77.
Danone SA Company Profile
Danone SA is a France-based food company. The Company is the parent company of the Danone Group (Group). The Company has mainly a role of holding, directly or indirectly, companies of the Group, and coordinating the Group’s main functions and activities. The Group is organized around its four divisions.
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