Danone (EPA:BN) Given a €72.50 Price Target at Jefferies Financial Group

Jefferies Financial Group set a €72.50 ($84.30) price objective on Danone (EPA:BN) in a report released on Friday, Borsen Zeitung reports. The firm currently has a neutral rating on the stock.

A number of other analysts also recently weighed in on the company. Goldman Sachs Group set a €73.00 ($84.88) price objective on Danone and gave the company a sell rating in a report on Friday. Berenberg Bank set a €85.00 ($98.84) price objective on Danone and gave the company a neutral rating in a report on Tuesday, July 30th. Royal Bank of Canada set a €86.00 ($100.00) price objective on Danone and gave the company a buy rating in a report on Thursday, July 25th. HSBC set a €75.00 ($87.21) price objective on Danone and gave the company a neutral rating in a report on Thursday, October 10th. Finally, Credit Suisse Group set a €76.00 ($88.37) price objective on Danone and gave the company a neutral rating in a report on Wednesday. One equities research analyst has rated the stock with a sell rating, six have given a hold rating and seven have assigned a buy rating to the company. The stock currently has an average rating of Hold and an average target price of €80.68 ($93.81).

EPA BN traded down €6.62 ($7.70) on Friday, reaching €71.96 ($83.67). The company had a trading volume of 6,866,482 shares, compared to its average volume of 1,940,000. Danone has a fifty-two week low of €61.87 ($71.94) and a fifty-two week high of €72.13 ($83.87). The business has a 50 day moving average price of €79.65.

About Danone

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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