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Danone (OTCMKTS:DANOY) Downgraded to "Hold" Rating by Wall Street Zen

Danone logo with Consumer Staples background

Key Points

  • Danone (OTCMKTS:DANOY) has been downgraded from a "buy" to a "hold" rating by Wall Street Zen, indicating a shift in analysts' outlook on the stock.
  • Currently, Danone holds a consensus rating of "Hold" among analysts, with one sell rating, five hold ratings, and one buy rating issued.
  • As of the latest trading session, Danone's stock opened at $16.74, showing a 12-month trading range between a low of $13.02 and a high of $17.65.
  • Need better tools to track Danone? Try 5 Weeks of MarketBeat All Access for $5. Start Portfolio Tracking Now.

Danone (OTCMKTS:DANOY - Get Free Report) was downgraded by equities researchers at Wall Street Zen from a "buy" rating to a "hold" rating in a research note issued on Friday.

Other equities analysts also recently issued reports about the stock. Citigroup reissued a "neutral" rating on shares of Danone in a report on Thursday, April 24th. Morgan Stanley reissued an "overweight" rating on shares of Danone in a report on Monday, August 4th. One analyst has rated the stock with a sell rating, five have issued a hold rating and one has issued a buy rating to the stock. According to data from MarketBeat, the company currently has a consensus rating of "Hold".

Get Our Latest Stock Report on DANOY

Danone Stock Performance

OTCMKTS DANOY opened at $16.74 on Friday. The company has a fifty day simple moving average of $16.29 and a 200 day simple moving average of $15.87. Danone has a 12-month low of $13.02 and a 12-month high of $17.65. The company has a debt-to-equity ratio of 0.56, a current ratio of 0.93 and a quick ratio of 0.77.

About Danone

(Get Free Report)

Danone SA operates in the food and beverage industry in Europe, Ukraine, North America, China, North Asia, the Oceania, Latin America, rest of Asia, Africa, Turkey, the Middle East, and the Commonwealth of Independent States. The company operates through Essential Dairy & Plant-Based, Specialized Nutrition, and Waters segments.

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Analyst Recommendations for Danone (OTCMKTS:DANOY)

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat's editorial team prior to publication. Please send any questions or comments about this story to contact@marketbeat.com.

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