Danone (OTCMKTS:DANOY) Receives Average Rating of "Hold" from 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 been given an average recommendation of "Hold" by the six ratings firms that are presently covering the firm, MarketBeat Ratings reports. One research analyst has rated the stock with a sell rating, four have assigned a hold rating and one has given a buy rating to the company.

A number of brokerages have issued reports on DANOY. Morgan Stanley reaffirmed an "overweight" rating on shares of Danone in a research report on Monday, August 4th. Wall Street Zen downgraded shares of Danone from a "buy" rating to a "hold" rating in a report on Saturday. Finally, Citigroup reiterated a "neutral" rating on shares of Danone in a report on Thursday, April 24th.

Danone Stock Up 0.7%

Shares of OTCMKTS DANOY traded up $0.11 during mid-day trading on Wednesday, reaching $16.79. 243,782 shares of the company traded hands, compared to its average volume of 306,195. The company's fifty day moving average is $16.32 and its two-hundred day moving average is $15.80. The company has a debt-to-equity ratio of 0.56, a quick ratio of 0.77 and a current ratio of 0.93. Danone has a fifty-two week low of $13.02 and a fifty-two week high of $17.65.

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.