Wall Street Zen Downgrades Danone (OTCMKTS:DANOY) to Hold

Key Points

• Wall Street Zen has downgraded Danone (OTCMKTS:DANOY) from a "buy" rating to a "hold" rating.
• The consensus rating for Danone now stands at "Hold," with one sell rating, five hold ratings, and one buy rating assigned by various analysts.
• Danone's stock recently traded at $16.79, experiencing an increase of 0.7%. It has a 12-month low of $13.02 and a high of $17.65.

Danone (OTCMKTS:DANOY - Get Free Report) was downgraded by investment analysts at Wall Street Zen from a "buy" rating to a "hold" rating in a report issued on Saturday.

Several other equities analysts also recently commented on DANOY. Citigroup restated a "neutral" rating on shares of Danone in a research note on Thursday, April 24th. Morgan Stanley reiterated an "overweight" rating on shares of Danone in a research note on Monday. One equities research analyst has rated the stock with a sell rating, five have given a hold rating and one has assigned a buy rating to the company. Based on data from MarketBeat.com, the company has a consensus rating of "Hold".

Danone Stock Up 0.7%

OTCMKTS DANOY traded up $0.11 on Friday, 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 quick ratio of 0.77, a current ratio of 0.93 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 stock has a fifty day moving average price of $16.32 and a two-hundred day moving average price of $15.79.

About Danone

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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