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Danone (OTCMKTS:DANOY) Hits New 12-Month High - Should You Buy?

Danone logo with Consumer Staples background

Shares of Danone S.A. (OTCMKTS:DANOY - Get Free Report) reached a new 52-week high during mid-day trading on Thursday . The stock traded as high as $16.23 and last traded at $16.09, with a volume of 2119506 shares trading hands. The stock had previously closed at $15.24.

Wall Street Analysts Forecast Growth

Several analysts recently weighed in on the stock. Jefferies Financial Group cut shares of Danone from a "hold" rating to an "underperform" rating in a report on Wednesday, January 8th. Sanford C. Bernstein raised shares of Danone from a "strong sell" rating to a "hold" rating in a research report on Thursday, January 9th. Royal Bank of Canada cut Danone from a "moderate buy" rating to a "hold" rating in a research note on Wednesday, February 26th. Finally, The Goldman Sachs Group upgraded shares of Danone to a "hold" rating in a research report on Tuesday, December 17th.

Check Out Our Latest Stock Analysis on Danone

Danone Stock Up 1.5 %

The firm has a 50 day moving average of $14.84 and a two-hundred day moving average of $14.17. The company has a quick ratio of 0.74, a current ratio of 0.91 and a debt-to-equity ratio of 0.60.

Danone Company Profile

(Get Free Report)

Danone SA operates in the food and beverage industry in Europe, Ukraine, North America, China, North Asia, the Oceania, Latin America, rest of Asia, Africa, Turkey, the Middle East, and the Commonwealth of Independent States. The company operates through Essential Dairy & Plant-Based, Specialized Nutrition, and Waters segments.

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