Danone (OTCMKTS:DANOY) Rating Increased to Hold at Citigroup

Danone (OTCMKTS:DANOY - Get Free Report) was upgraded by investment analysts at Citigroup to a "hold" rating in a report issued on Monday, April 14th,Zacks.com reports.

Several other brokerages also recently weighed in on DANOY. Sanford C. Bernstein upgraded Danone from a "strong sell" rating to a "hold" rating in a research note on Thursday, January 9th. Jefferies Financial Group lowered shares of Danone from a "hold" rating to an "underperform" rating in a research note on Wednesday, January 8th. Royal Bank of Canada lowered Danone from a "moderate buy" rating to a "hold" rating in a report on Wednesday, February 26th. Finally, The Goldman Sachs Group raised Danone to a "hold" rating in a report on Tuesday, December 17th. One investment analyst has rated the stock with a sell rating and four have assigned a hold rating to the company's stock. Based on data from MarketBeat, the stock presently has an average rating of "Hold".

Danone Stock Up 0.6 %

Shares of DANOY traded up $0.10 during midday trading on Monday, reaching $16.75. 166,344 shares of the company were exchanged, compared to its average volume of 752,614. Danone has a 1-year low of $12.01 and a 1-year high of $16.83. The stock has a 50-day moving average price of $15.22 and a 200-day moving average price of $14.26. The company has a current ratio of 0.91, a quick ratio of 0.74 and a debt-to-equity ratio of 0.60.

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.