Groupe Danone SA Given “Neutral” Rating at JPMorgan Chase (BN)

JPMorgan Chase reaffirmed their neutral rating on shares of Groupe Danone SA (EPA: BN) in a research note issued to investors on Wednesday, Analyst Ratings Network.com reports.

Shares of Groupe Danone SA (EPA: BN) opened at 57.12 on Wednesday. Groupe Danone SA has a one year low of €45.605 and a one year high of €60.00. The stock’s 50-day moving average is currently €48.70. The company has a market cap of €33.931 billion and a P/E ratio of 20.79.

Several other analysts have also recently commented on the stock. Analysts at Sanford C. Bernstein reiterated a market perform rating on shares of Groupe Danone SA in a research note to investors on Monday, May 20th. They now have a €58.00 ($75.32) price target on the stock. Separately, analysts at AlphaValue reiterated an add rating on shares of Groupe Danone SA in a research note to investors on Thursday, May 16th. They now have a €65.40 ($84.94) price target on the stock. Finally, analysts at Oddo & Cie reiterated a neutral rating on shares of Groupe Danone SA in a research note to investors on Monday, May 13th. They now have a €54.00 ($70.13) price target on the stock.

Three research analysts have rated the stock with a sell rating, eight have assigned a hold rating and six have issued a buy rating to the company. The company currently has an average rating of Hold and an average target price of €54.00 ($70.13).

Groupe Danone is a food company that primarily produces fresh milk products, baby foods, biscuits, cereal products and medical nutrition products.

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