Grupo Santander Reaffirms Underweight Rating on Groupe Danone SA (BN)
Groupe Danone SA (EPA: BN)‘s stock had its “underweight” rating reiterated by investment analysts at Grupo Santander in a note issued to investors on Wednesday. They currently have a $60.53 (€46) target price on the stock.
Groupe Danone SA traded down 2.96% on Wednesday, hitting €47.325. Groupe Danone SA has a 52-week low of €45.105 and a 52-week high of €54.96. The company has a market cap of €28.751 billion and a price-to-earnings ratio of 17.42.
A number of other firms have also recently commented on BN. Analysts at Sanford C. Bernstein reiterated a “market perform” rating on shares of Groupe Danone SA in a research note to investors on Tuesday. They now have a $69.48 price target on the stock. Separately, analysts at RBC Capital reiterated an “underperform” rating on shares of Groupe Danone SA in a research note to investors on Wednesday, October 10th. They now have a $61.54 price target on the stock. Finally, analysts at JPMorgan Chase reiterated a “neutral” rating on shares of Groupe Danone SA in a research note to investors on Friday, October 5th. They now have a $62.34 price target on the stock.
Groupe Danone is a food company that primarily produces fresh milk products, baby foods, biscuits, cereal products and medical nutrition products.
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