UBS Group set a €85.00 ($98.84) price objective on Danone (EPA:BN) in a research note published on Wednesday morning, Borsen Zeitung reports. The brokerage currently has a buy rating on the stock.
Other research analysts have also recently issued research reports about the company. JPMorgan Chase & Co. reissued a neutral rating on shares of Danone in a research report on Monday, September 2nd. Credit Suisse Group set a €76.00 ($88.37) price objective on Danone and gave the stock a neutral rating in a research report on Tuesday, July 23rd. Sanford C. Bernstein set a €91.00 ($105.81) price objective on Danone and gave the stock a buy rating in a research report on Tuesday, July 23rd. Deutsche Bank set a €80.00 ($93.02) price objective on Danone and gave the stock a buy rating in a research report on Friday, July 26th. Finally, Barclays set a €90.00 ($104.65) price objective on Danone and gave the stock a buy rating in a research report on Tuesday, September 10th. One research analyst has rated the stock with a sell rating, seven have issued a hold rating and nine have issued a buy rating to the company. The company currently has a consensus rating of Hold and an average target price of €78.68 ($91.48).
BN stock opened at €79.50 ($92.44) on Wednesday. The stock has a fifty day simple moving average of €78.72. Danone has a 1-year low of €61.87 ($71.94) and a 1-year high of €72.13 ($83.87).
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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