Danone Sponsored ADR (OTCMKTS:DANOY) Receives Average Rating of “Buy” from Brokerages

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Danone Sponsored ADR (OTCMKTS:DANOY) has earned a consensus recommendation of “Buy” from the eight research firms that are covering the stock, MarketBeat.com reports. Two investment analysts have rated the stock with a sell recommendation and six have given a buy recommendation to the company.

A number of equities analysts recently issued reports on DANOY shares. Zacks Investment Research raised Danone from a “hold” rating to a “buy” rating and set a $18.00 price target for the company in a report on Tuesday, March 19th. Barclays started coverage on Danone in a report on Wednesday, April 10th. They issued an “overweight” rating for the company.

Shares of DANOY stock traded down $0.13 during trading hours on Friday, reaching $16.28. 607,008 shares of the stock were exchanged, compared to its average volume of 1,039,181. The company has a debt-to-equity ratio of 0.87, a quick ratio of 0.86 and a current ratio of 1.04. Danone has a 12-month low of $13.57 and a 12-month high of $16.49. The firm has a market capitalization of $52.65 billion, a price-to-earnings ratio of 19.38, a PEG ratio of 2.49 and a beta of 0.71.

About Danone

Danone SA operates in the food and beverage industry worldwide. The company operates through four segments: EDP International, EDP Noram, Specialized Nutrition, and Waters. It offers yogurts under the DanActive, Danimals, Dannon, Danonino, Light & Fit, Oikos, Wallaby, YoCrunch, Danone, Danonino or Prostokvashino, Light & Free, and Vitalinea brand names; and almond-based, cashew-based, soy-based products, ice creams and novelties, and nutrition products under the Silk, So Delicious, Vega, and Alpro brands.

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Analyst Recommendations for Danone (OTCMKTS:DANOY)

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