Danone (OTCMKTS:DANOY) Receives Average Rating of "Moderate Buy" from Brokerages

Key Points

• Shares of Danone have an average analyst rating of "Moderate Buy" from six covering brokerages, with a breakdown of 1 sell, 2 hold, 2 buy and 1 strong buy.
• Analyst actions are mixed: Morgan Stanley reiterated an overweight rating, Kepler Capital upgraded to strong-buy, while Deutsche Bank maintained a sell rating.
• Danone stock opened at $14.90 (12‑month range $14.87–$18.63) with a 50‑day MA of $16.00 and 200‑day MA of $17.01; its liquidity and leverage measures are modest, with a current ratio of 0.90, quick ratio 0.75 and debt/equity 0.58.

Shares of Danone (OTCMKTS:DANOY - Get Free Report) have earned an average rating of "Moderate Buy" from the six brokerages that are presently covering the company, MarketBeat Ratings reports. One analyst has rated the stock with a sell rating, two have assigned a hold rating, two have given a buy rating and one has given a strong buy rating to the company.

A number of research analysts recently commented on DANOY shares. Morgan Stanley reissued an "overweight" rating on shares of Danone in a research report on Monday, February 23rd. Kepler Capital Markets raised Danone to a "strong-buy" rating in a research report on Wednesday, February 11th. Finally, Deutsche Bank Aktiengesellschaft reissued a "sell" rating on shares of Danone in a research report on Thursday.

Danone Price Performance

DANOY stock opened at $14.90 on Friday. The company has a current ratio of 0.90, a quick ratio of 0.75 and a debt-to-equity ratio of 0.58. Danone has a 12-month low of $14.87 and a 12-month high of $18.63. The business's 50-day moving average is $16.00 and its 200 day moving average is $17.01.

About Danone

Danone is a French multinational food-products company headquartered in Paris, with roots dating to 1919 when it was founded by Isaac Carasso. The company positions itself around nutrition and health-oriented food and beverage products, and it combines global brand management, manufacturing and distribution to serve a broad consumer base. Danone's long history has been characterized by expansion beyond its original yogurt business into bottled water, infant and medical nutrition, and plant-based alternatives.

Danone's principal activities include the development, production and marketing of dairy and plant-based products, bottled waters, and specialized nutrition for infants and medical patients.

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