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

Danone (OTCMKTS:DANOY) has earned an average rating of “Moderate Buy” from the six brokerages that are presently covering the company, MarketBeat.com reports. One equities research analyst has rated the stock with a sell rating, two have issued a hold rating, two have issued a buy rating and one has issued a strong buy rating on the company.

DANOY has been the topic of several recent research reports. Kepler Capital Markets raised Danone to a “strong-buy” rating in a research note on Wednesday, February 11th. Morgan Stanley reaffirmed an “overweight” rating on shares of Danone in a research note on Monday, February 23rd. Finally, Deutsche Bank Aktiengesellschaft reaffirmed a “sell” rating on shares of Danone in a research note on Thursday, May 7th.

Danone Stock Up 0.6%

Shares of DANOY stock opened at $14.68 on Friday. The business’s fifty day moving average is $15.86 and its 200 day moving average is $16.93. Danone has a twelve month low of $14.45 and a twelve month high of $18.63. The company has a quick ratio of 0.75, a current ratio of 0.90 and a debt-to-equity ratio of 0.58.

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.