Danone (EPA:BN) PT Set at €70.00 by Barclays

Danone (EPA:BN) has been given a €70.00 ($78.65) target price by equities research analysts at Barclays in a note issued to investors on Monday, Borsen Zeitung reports. The firm currently has a “buy” rating on the stock.

Several other analysts have also weighed in on the company. Royal Bank of Canada set a €56.00 ($62.92) target price on Danone and gave the company a “neutral” rating in a report on Monday, April 20th. HSBC set a €71.00 ($79.78) price objective on Danone and gave the company a “buy” rating in a research report on Tuesday, May 12th. JPMorgan Chase & Co. set a €73.00 ($82.02) price objective on Danone and gave the company a “buy” rating in a research report on Monday. Kepler Capital Markets set a €70.00 ($78.65) price objective on Danone and gave the company a “buy” rating in a research report on Monday. Finally, Credit Suisse Group set a €69.00 ($77.53) price objective on Danone and gave the company a “buy” rating in a research report on Friday, June 19th. One investment analyst has rated the stock with a sell rating, four have given a hold rating and nine have issued a buy rating to the company’s stock. Danone presently has a consensus rating of “Buy” and an average target price of €71.06 ($79.84).

Danone has a twelve month low of €61.87 ($69.52) and a twelve month high of €72.13 ($81.04). The firm has a fifty day moving average price of €62.71 and a two-hundred day moving average price of €66.55.

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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Analyst Recommendations for Danone (EPA:BN)

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