Danone Sponsored ADR (DANOY) Given Consensus Recommendation of “Buy” by Brokerages

Shares of Danone Sponsored ADR (OTCMKTS:DANOY) have been given a consensus recommendation of “Buy” by the six analysts that are currently covering the firm, Marketbeat.com reports. Three investment analysts have rated the stock with a hold recommendation and three have issued a buy recommendation on the company.

DANOY has been the subject of several recent research reports. Royal Bank of Canada raised Danone from a “sector perform” rating to a “buy” rating in a report on Thursday, July 5th. Deutsche Bank raised Danone from a “hold” rating to a “buy” rating in a report on Tuesday, July 31st. Zacks Investment Research raised Danone from a “sell” rating to a “hold” rating in a report on Tuesday, August 28th. Finally, Credit Suisse Group raised Danone from a “neutral” rating to an “outperform” rating in a report on Friday, September 21st.

OTCMKTS DANOY opened at $14.22 on Friday. Danone has a twelve month low of $13.91 and a twelve month high of $17.54. The company has a quick ratio of 0.89, a current ratio of 1.05 and a debt-to-equity ratio of 1.00. The stock has a market cap of $43.88 billion, a P/E ratio of 16.15, a price-to-earnings-growth ratio of 2.09 and a beta of 0.77.

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 Danone, Activia, DanActiv, Danimals, Dannon, Danonino, Happy Family, Horizon Organic, Light & Fit, Oikos, YoCrunch, and Danio brands; and almond and soy milk, ice creams and novelties, and powdered proteins under the Silk, So Delicious, Vega, and Alpro brands.

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Analyst Recommendations for Danone (OTCMKTS:DANOY)

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