Zacks: Danone SA (DANOY) Given $15.96 Average Target Price by Brokerages
Shares of Danone SA (NASDAQ:DANOY) have been given an average broker rating score of 1.71 (Buy) from the seven brokers that provide coverage for the stock, Zacks Investment Research reports. One research analyst has rated the stock with a sell recommendation, one has issued a hold recommendation and five have given a strong buy recommendation to the company. Danone SA’s rating score has declined by 2.4% from 90 days ago as a result of various analysts’ upgrades and downgrades.
Analysts have set a 1 year consensus price target of $15.96 for the company, according to Zacks. Zacks has also assigned Danone SA an industry rank of 171 out of 265 based on the ratings given to related companies.
Several research firms have recently weighed in on DANOY. Zacks Investment Research upgraded shares of Danone SA from a “hold” rating to a “buy” rating and set a $16.00 target price for the company in a research note on Tuesday, July 12th. Sanford C. Bernstein began coverage on shares of Danone SA in a research note on Monday, October 3rd. They issued an “outperform” rating for the company. JPMorgan Chase & Co. upgraded shares of Danone SA from an “underweight” rating to a “neutral” rating in a research note on Tuesday, July 12th. Finally, Deutsche Bank AG downgraded shares of Danone SA from a “hold” rating to a “sell” rating in a research note on Friday, September 9th.
Danone SA (NASDAQ:DANOY) opened at 14.15 on Friday. The company has a market cap of $43.64 billion and a P/E ratio of 22.40. The company has a 50-day moving average of $14.81 and a 200 day moving average of $14.43. Danone SA has a 52 week low of $12.48 and a 52 week high of $15.77.
About Danone SA
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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