Royal Bank of Canada set a €86.00 ($100.00) target price on Danone (EPA:BN) in a research note issued to investors on Friday, Borsen Zeitung reports. The brokerage currently has a buy rating on the stock.
Several other research analysts also recently weighed in on BN. Kepler Capital Markets set a €78.00 ($90.70) target price on shares of Danone and gave the company a buy rating in a research note on Wednesday, April 17th. UBS Group downgraded shares of Telstra from a buy rating to a neutral rating in a research note on Monday, July 1st. Barclays reaffirmed an equal weight rating and set a $38.00 price objective (up previously from $36.00) on shares of Sleep Number in a research note on Thursday, April 18th. Goldman Sachs Group set a €45.00 ($52.33) price objective on shares of Deutsche Post and gave the company a buy rating in a research note on Thursday, April 18th. Finally, Credit Suisse Group reaffirmed a hold rating on shares of FactSet Research Systems in a research note on Monday, July 8th. One investment analyst has rated the stock with a sell rating, seven have issued a hold rating and nine have given a buy rating to the company’s stock. Danone has an average rating of Hold and an average target price of €74.94 ($87.14).
Shares of BN stock opened at €75.86 ($88.21) on Friday. The company has a 50-day moving average price of €73.75. Danone has a twelve month low of €61.87 ($71.94) and a twelve month high of €72.13 ($83.87).
Danone Company Profile
Danone SA operates in the food and beverage industry worldwide. The company operates through four segments: EDP International, EDP Noram, Specialized Nutrition, and Waters. It offers yogurts under the DanActive, Danimals, Dannon, Danonino, Light & Fit, Oikos, Wallaby, YoCrunch, Danone, Danonino or Prostokvashino, Light & Free, and Vitalinea brand names; and almond-based, cashew-based, soy-based products, ice creams and novelties, and nutrition products under the Silk, So Delicious, Vega, and Alpro brands.
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