JPMorgan Chase Reiterates Neutral on Groupe Danone SA (BN)
Groupe Danone SA (EPA: BN)‘s stock had its “neutral” rating reaffirmed by research analysts at JPMorgan Chase in a report released on Friday. They currently have a $62.34 (€48) target price on the stock.
Groupe Danone SA traded up 1.13% on Friday, hitting €47.96. Groupe Danone SA has a 52-week low of €44.83 and a 52-week high of €54.96. The company has a market cap of €29.137 billion and a price-to-earnings ratio of 16.94.
BN has been the subject of a number of other recent research reports. Analysts at Nomura reiterated a “buy” rating on shares of Groupe Danone SA in a research note to investors on Thursday. They now have a $75.00 price target on the stock. Separately, analysts at AlphaValue reiterated an “add” rating on shares of Groupe Danone SA in a research note to investors on Tuesday. They now have a $75.00 price target on the stock. Finally, analysts at Barclays Capital downgraded shares of Groupe Danone SA to an “equalweight” rating in a research note to investors on Tuesday. They now have a $64.10 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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