Danone (EPA:BN) has been assigned a €86.00 ($100.00) price objective by research analysts at Royal Bank of Canada in a report issued on Friday, Borsen Zeitung reports. The brokerage presently has a “buy” rating on the stock. Royal Bank of Canada’s price target indicates a potential upside of 13.40% from the company’s previous close.
Other analysts also recently issued research reports about the company. JPMorgan Chase & Co. reissued an “overweight” rating on shares of in a research note on Tuesday, June 25th. Deutsche Bank reissued a “buy” rating and issued a GBX 430 ($5.62) price target on shares of in a research note on Monday, June 17th. Credit Suisse Group reissued a “hold” rating on shares of FactSet Research Systems in a research note on Monday, July 8th. UBS Group downgraded Telstra from a “buy” rating to a “neutral” rating in a research note on Monday, July 1st. Finally, Kepler Capital Markets set a €78.00 ($90.70) price target on Danone and gave the company a “buy” rating in a research note on Wednesday, April 17th. One analyst has rated the stock with a sell rating, six have assigned a hold rating and ten have issued a buy rating to the company’s stock. The stock has a consensus rating of “Buy” and an average price target of €74.94 ($87.14).
BN opened at €75.84 ($88.19) on Friday. The firm has a 50-day moving average price of €73.51. Danone has a 1 year low of €61.87 ($71.94) and a 1 year high of €72.13 ($83.87).
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 DanActive, Danimals, Dannon, Danonino, Light & Fit, Oikos, Wallaby, YoCrunch, Danone, Danonino or Prostokvashino, Light & Free, and Vitalinea brand names; and almond-based, cashew-based, soy-based products, ice creams and novelties, and nutrition products under the Silk, So Delicious, Vega, and Alpro brands.
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