Brokerages Set Danone (DANOY) Target Price at $17.00

Danone (OTCMKTS:DANOY) has been given an average rating of “Hold” by the eight analysts that are covering the stock, MarketBeat reports. One research analyst has rated the stock with a sell rating, three have assigned a hold rating and four have given a buy rating to the company. The average twelve-month price objective among analysts that have issued ratings on the stock in the last year is $17.00.

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

Shares of Danone (OTCMKTS DANOY) traded down 3.23% during trading on Friday, hitting $15.87. 679,973 shares of the stock traded hands. Danone has a 1-year low of $12.21 and a 1-year high of $17.10. The company has a 50 day moving average of $15.27 and a 200-day moving average of $14.27.

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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.