Brokerages Set Danone (DANOY) Price Target at $17.00

Shares of Danone (OTCMKTS:DANOY) have been given an average rating of “Hold” by the eight research firms that are presently covering the firm, Marketbeat.com reports. One equities research analyst has rated the stock with a sell rating, three have given a hold rating and four have issued a buy rating on the company. The average 12 month price objective among analysts that have issued a report on the stock in the last year is $17.00.

Separately, Zacks Investment Research upgraded Danone from a “sell” rating to a “buy” rating and set a $17.00 target price on the stock in a research note on Thursday, May 18th.

Shares of Danone (OTCMKTS DANOY) traded down 0.47% during mid-day trading on Friday, reaching $14.89. The company’s stock had a trading volume of 48,845 shares. Danone has a 52-week low of $12.21 and a 52-week high of $15.77.

WARNING: This news story was posted by [[site]] and is the property of of [[site]]. If you are viewing this news story on another domain, it was illegally stolen and republished in violation of US & international trademark and copyright legislation. The original version of this news story can be read at [[permalink]].

About Danone

Danone SA is engaged in holding directly or indirectly companies, and coordination of the main functions and activities. The Company operates through four segments: Fresh Dairy Products Division, Waters Division, Early Life Nutrition Division and Medical Nutrition Division. The Fresh Dairy Products Division produces and markets yogurts, fermented fresh dairy products and specialized dairy products.