Danone (OTCMKTS:DANOY) Given Average Rating of “Moderate Buy” by Brokerages

Shares of Danone (OTCMKTS:DANOY) have received an average recommendation of “Moderate Buy” from the six brokerages that are covering the stock, MarketBeat Ratings reports. One investment analyst has rated the stock with a sell recommendation, two have given a hold recommendation, two have issued a buy recommendation and one has given a strong buy recommendation to the company.

DANOY has been the topic of several recent research reports. Kepler Capital Markets upgraded Danone to a “strong-buy” rating in a research report on Wednesday, February 11th. Deutsche Bank Aktiengesellschaft downgraded Danone from a “hold” rating to a “sell” rating in a research report on Monday, January 12th. Finally, Morgan Stanley reiterated an “overweight” rating on shares of Danone in a research report on Monday, February 23rd.

Danone Stock Performance

OTCMKTS:DANOY opened at $16.03 on Monday. The stock’s fifty day moving average price is $16.34 and its two-hundred day moving average price is $17.16. Danone has a 1 year low of $15.12 and a 1 year high of $18.63. The company has a debt-to-equity ratio of 0.58, a quick ratio of 0.75 and a current ratio of 0.90.

Danone Company Profile

Danone is a French multinational food-products company headquartered in Paris, with roots dating to 1919 when it was founded by Isaac Carasso. The company positions itself around nutrition and health-oriented food and beverage products, and it combines global brand management, manufacturing and distribution to serve a broad consumer base. Danone’s long history has been characterized by expansion beyond its original yogurt business into bottled water, infant and medical nutrition, and plant-based alternatives.

Danone’s principal activities include the development, production and marketing of dairy and plant-based products, bottled waters, and specialized nutrition for infants and medical patients.