Danone (OTCMKTS:DANOY) Given Average Recommendation of "Hold" by Analysts

Key Points

• Danone (OTCMKTS:DANOY) has received an average recommendation of “Hold” from six brokerages, including one sell, four hold, and one buy rating.
• The stock opened at $16.75 and has shown a fifty-two week range between $13.02 and $17.65, with a debt-to-equity ratio of 0.56.
• Notable research firms like Citigroup and Morgan Stanley have recently reaffirmed ratings, with Citigroup maintaining a “neutral” outlook and Morgan Stanley adopting an “overweight” position on Danone shares.

Shares of Danone (OTCMKTS:DANOY - Get Free Report) have earned an average recommendation of "Hold" from the six research firms that are covering the firm, MarketBeat Ratings reports. One analyst has rated the stock with a sell recommendation, four have assigned a hold recommendation and one has issued a buy recommendation on the company.

DANOY has been the subject of a number of research reports. Morgan Stanley reissued an "overweight" rating on shares of Danone in a research report on Monday. Citigroup reissued a "neutral" rating on shares of Danone in a research report on Thursday, April 24th.

Danone Stock Up 0.7%

Shares of DANOY traded up $0.11 on Wednesday, reaching $16.79. The stock had a trading volume of 243,782 shares, compared to its average volume of 306,195. The company has a current ratio of 0.93, a quick ratio of 0.77 and a debt-to-equity ratio of 0.56. Danone has a 12-month low of $13.02 and a 12-month high of $17.65. The company has a 50-day simple moving average of $16.33 and a 200-day simple moving average of $15.77.

Danone Company Profile

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.