According to Zacks, “Danone SA is engaged in food processing activities primarily in France and internationally. The Company operates in four business lines: Fresh Dairy Products, Waters, Baby Nutrition, and Medical Nutrition. The Fresh Dairy Products division produces and markets yogurts, fermented fresh dairy products, and other specialized fresh dairy products .The Waters division produces and distributes packaged natural, flavored, and vitamin-enriched water. The Baby Nutrition division provides food for infants and toddlers to complement breast-feeding. The Medical Nutrition division offers products to treat disease-related to malnutrition. Danone SA, formerly known as Groupe Danone, is based in Paris, France. “
A number of other research firms have also recently commented on DANOY. JPMorgan Chase & Co. upgraded Danone SA from an underweight rating to a neutral rating in a research note on Tuesday, July 12th. Deutsche Bank AG cut Danone SA from a hold rating to a sell rating in a research note on Friday, September 9th. Finally, Sanford C. Bernstein started coverage on Danone SA in a research note on Monday. They issued an outperform rating for the company.
Shares of Danone SA (NASDAQ:DANOY) opened at 14.66 on Monday. The stock’s 50 day moving average price is $15.04 and its 200 day moving average price is $14.43. Danone SA has a 12-month low of $12.48 and a 12-month high of $15.77. The company has a market cap of $45.21 billion and a P/E ratio of 23.06.
About Danone SA
Danone SA is a France-based food company. The Company is the parent company of the Danone Group (Group). The Company has mainly a role of holding, directly or indirectly, companies of the Group, and coordinating the Group’s main functions and activities. The Group is organized around its four divisions.
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