Danone Sponsored ADR (OTCMKTS:DANOY) – Stock analysts at Jefferies Financial Group dropped their FY2018 earnings per share (EPS) estimates for shares of Danone in a research note issued on Thursday, October 4th. Jefferies Financial Group analyst M. Deboo now expects that the company will post earnings per share of $0.82 for the year, down from their previous forecast of $0.83.
Other research analysts have also issued research reports about the company. Zacks Investment Research lowered Danone from a “buy” rating to a “hold” rating in a report on Wednesday, October 3rd. Credit Suisse Group raised Danone from a “neutral” rating to an “outperform” rating in a report on Friday, September 21st. Deutsche Bank raised Danone from a “hold” rating to a “buy” rating in a report on Tuesday, July 31st. Finally, Royal Bank of Canada raised Danone from a “sector perform” rating to a “buy” rating in a report on Thursday, July 5th. Three research analysts have rated the stock with a hold rating and three have assigned a buy rating to the stock. The stock has a consensus rating of “Buy” and a consensus price target of $17.00.
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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