Goldman Sachs Group Reiterates €64.00 Price Target for Danone (BN)

Danone (EPA:BN) has been assigned a €64.00 ($76.19) target price by equities researchers at Goldman Sachs Group in a research note issued to investors on Tuesday. The brokerage presently has a “sell” rating on the stock. Goldman Sachs Group’s price target points to a potential downside of 9.78% from the company’s previous close.

Other equities research analysts have also recently issued reports about the company. JPMorgan Chase & Co. set a €72.00 ($85.71) price objective on Danone and gave the company a “neutral” rating in a research note on Thursday, September 28th. UBS Group set a €68.00 ($80.95) price objective on Danone and gave the company a “neutral” rating in a research note on Monday, October 2nd. Morgan Stanley set a €80.00 ($95.24) price objective on Danone and gave the company a “buy” rating in a research note on Wednesday, October 11th. Barclays set a €73.50 ($87.50) price objective on Danone and gave the company a “buy” rating in a research note on Tuesday, October 17th. Finally, Royal Bank of Canada set a €65.00 ($77.38) price objective on Danone and gave the company a “neutral” rating in a research note on Wednesday, October 18th. Three analysts have rated the stock with a sell rating, seven have issued a hold rating and eight have issued a buy rating to the company’s stock. The company presently has an average rating of “Hold” and an average target price of €73.06 ($86.97).

Shares of Danone (EPA:BN) opened at €70.94 ($84.45) on Tuesday. The company has a market capitalization of $47,580.00 and a price-to-earnings ratio of 24.21. Danone has a 52 week low of €57.99 ($69.04) and a 52 week high of €72.13 ($85.87).

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Danone Company Profile

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.

Analyst Recommendations for Danone (EPA:BN)

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