Brokerages Set Danone SA (EPA:BN) Price Target at €78.75

Danone SA (EPA:BN) has been given an average recommendation of “Hold” by the fourteen brokerages that are presently covering the company, Marketbeat reports. One analyst has rated the stock with a sell rating, seven have issued a hold rating and six have issued a buy rating on the company. The average 12-month price objective among analysts that have covered the stock in the last year is €78.75 ($91.57).

Several brokerages have recently weighed in on BN. Royal Bank of Canada set a €72.00 ($83.72) target price on Danone and gave the stock a “neutral” rating in a research report on Monday, October 21st. Sanford C. Bernstein set a €95.00 ($110.47) target price on Danone and gave the stock a “buy” rating in a research report on Friday, October 18th. Deutsche Bank set a €80.00 ($93.02) target price on Danone and gave the stock a “buy” rating in a research report on Friday, July 26th. Berenberg Bank set a €80.00 ($93.02) target price on Danone and gave the stock a “neutral” rating in a research report on Monday, October 21st. Finally, Credit Suisse Group set a €76.00 ($88.37) target price on Danone and gave the stock a “neutral” rating in a research report on Tuesday, October 22nd.

Shares of EPA BN traded down €0.28 ($0.33) on Monday, hitting €74.90 ($87.09). The company had a trading volume of 1,191,659 shares, compared to its average volume of 1,940,000. Danone has a 12-month low of €61.87 ($71.94) and a 12-month high of €72.13 ($83.87). The company has a 50 day moving average price of €76.20.

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.

See Also: How are institutional investors different from individual investors?

Analyst Recommendations for Danone (EPA:BN)

Receive News & Ratings for Danone Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Danone and related companies with MarketBeat.com's FREE daily email newsletter.