Danone (OTCMKTS:DANOY) Upgraded by Jefferies Financial Group to "Buy" Rating

Key Points

• Danone has been upgraded by Jefferies Financial Group from an "underperform" rating to a "buy" rating.
• The stock currently has a consensus rating of "Hold" from analysts, with seven analysts weighing in, including a recent downgrade from Wall Street Zen.
• Danone's stock is trading at around $17.49 with a twelve-month range between $13.02 and $17.74, indicating significant volatility.

Danone (OTCMKTS:DANOY - Get Free Report) was upgraded by equities research analysts at Jefferies Financial Group from an "underperform" rating to a "buy" rating in a research note issued to investors on Tuesday,Briefing.com Automated Import reports.

Several other research analysts also recently commented on DANOY. Wall Street Zen downgraded Danone from a "buy" rating to a "hold" rating in a report on Friday, August 15th. Morgan Stanley reissued an "overweight" rating on shares of Danone in a research note on Monday, August 4th. Two equities research analysts have rated the stock with a Buy rating and four have issued a Hold rating to the stock. Based on data from MarketBeat.com, the company currently has a consensus rating of "Hold".

Danone Stock Performance

OTCMKTS DANOY opened at $17.49 on Tuesday. The stock's 50-day simple moving average is $16.59 and its two-hundred day simple moving average is $16.38. Danone has a twelve month low of $13.02 and a twelve month high of $17.74. 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 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.

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