Danone (EPA:BN) has been given a €69.50 ($80.81) target price by equities researchers at Jefferies Financial Group in a report released on Wednesday. The brokerage currently has a “neutral” rating on the stock. Jefferies Financial Group’s price target indicates a potential upside of 3.30% from the company’s current price.
Several other equities analysts have also issued reports on BN. JPMorgan Chase & Co. set a €70.00 ($81.40) price target on shares of Danone and gave the stock a “neutral” rating in a report on Tuesday, June 19th. Morgan Stanley set a €80.00 ($93.02) price objective on shares of Danone and gave the stock a “buy” rating in a research note on Thursday, June 21st. Goldman Sachs Group set a €71.00 ($82.56) price objective on shares of Danone and gave the stock a “neutral” rating in a research note on Friday, June 22nd. BNP Paribas set a €69.00 ($80.23) price objective on shares of Danone and gave the stock a “neutral” rating in a research note on Monday, June 25th. Finally, Royal Bank of Canada set a €70.00 ($81.40) price objective on shares of Danone and gave the stock a “buy” rating in a research note on Wednesday, July 4th. Nine equities research analysts have rated the stock with a hold rating and nine have given a buy rating to the stock. Danone presently has an average rating of “Buy” and an average target price of €73.69 ($85.69).
EPA BN opened at €67.28 ($78.23) on Wednesday. Danone has a 12-month low of €61.87 ($71.94) and a 12-month high of €72.13 ($83.87).
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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