Groupe Danone SA Rating Reiterated by Canaccord Genuity (BN)

Groupe Danone SA (EPA: BN)‘s stock had its “sell” rating reaffirmed by research analysts at Canaccord Genuity in a report released on Wednesday, Analyst Ratings.Net reports. They currently have a €45.00 ($58.44) price objective on the stock.

BN has been the subject of a number of other recent research reports. Analysts at JPMorgan Chase reiterated a “neutral” rating on shares of Groupe Danone SA in a research note to investors on Wednesday, May 29th. Separately, 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. Finally, 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.

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

Shares of Groupe Danone SA (EPA: BN) opened at 57.29 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 €34.032 billion and a P/E ratio of 19.99.

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