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Danone (DANOY) Stock Forecast & Price Target

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$14.10 -0.06 (-0.42%)
(As of 11/8/2024 ET)

Danone - Analysts' Recommendations and Stock Price Forecast (2024)

MarketBeat calculates consensus analyst ratings for stocks using the most recent rating from each Wall Street analyst that has rated a stock within the last twelve months. Each analyst's rating is normalized to a standardized rating score of 1 (sell), 2 (hold), 3 (buy) or 4 (strong buy). Analyst consensus ratings scores are calculated using the mean average of the number of normalized sell, hold, buy and strong buy ratings from Wall Street analysts. Each stock's consensus analyst rating is derived from its calculated consensus ratings score (0 to .5 = Strong Sell, .5 to 1 = Sell, 1 to 1.5 = Reduce, 1.5 to 2.5 = Hold, 2.5 to 3.0 = Moderate Buy, 3.0 to 3.5 = Buy, >3.5 = Strong Buy). MarketBeat's consensus price targets are a mean average of the most recent available price targets set by each analyst that has set a price target for the stock in the last twelve months. MarketBeat's consensus ratings and consensus price targets may differ from those calculated by other firms due to differences in methodology and available data.

Consensus Rating

Sell
0
Hold
1
Buy
1

Based on 2 Wall Street analysts who have issued ratings for Danone in the last 12 months, the stock has a consensus rating of "Moderate Buy." Out of the 2 analysts, 1 has given a hold rating, and 1 has given a buy rating for DANOY.

Consensus Price Target

N/A

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DANOY Analyst Ratings Over Time

TypeCurrent Forecast
11/9/23 to 11/8/24
1 Month Ago
10/10/23 to 10/9/24
3 Months Ago
8/11/23 to 8/10/24
1 Year Ago
11/9/22 to 11/9/23
Strong Buy
0 Strong Buy rating(s)
0 Strong Buy rating(s)
0 Strong Buy rating(s)
0 Strong Buy rating(s)
Buy
1 Buy rating(s)
2 Buy rating(s)
2 Buy rating(s)
2 Buy rating(s)
Hold
1 Hold rating(s)
1 Hold rating(s)
1 Hold rating(s)
1 Hold rating(s)
Sell
0 Sell rating(s)
0 Sell rating(s)
1 Sell rating(s)
3 Sell rating(s)
Consensus Price TargetN/AN/AN/AN/A
Forecasted UpsideN/AN/AN/AN/A
Consensus Rating
Moderate Buy
Moderate Buy
Hold
Reduce

DANOY Analyst Recommendations By Month

The chart below shows how a company's ratings by analysts have changed over time. Each bar represents the previous year of ratings for that month. Within each bar, the sell ratings are shown in red, the hold ratings are shown in yellow, the buy ratings are shown in green, and the strong buy ratings are shown in dark green.
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DANOY Price Targets by Month

The chart below shows how a company's share price and consensus price target have changed over time. The dark blue line represents the company's actual price. The lighter blue line represents the stock's consensus price target. The even lighter blue range in the background of the two lines represents the low price target and the high price target for each stock.
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Danone Stock vs. The Competition

TypeDanoneConsumer Staples CompaniesS&P 500
Consensus Rating Score
2.50
2.46
2.50
Consensus RatingModerate BuyHoldHold
Predicted UpsideN/A193.97% Upside7.56% Upside
News Sentiment Rating
Neutral News

See Recent DANOY News
Neutral News
Positive News
DateBrokerageAnalyst NameActionRatingPrice TargetUpside/Downside on Report DateDetails
1/16/2024UBS Group
4 of 5 stars
 UpgradeSell ➝ Buy
1/9/2024BNP Paribas
3 of 5 stars
 UpgradeUnderperform ➝ Neutral
11/1/2023Morgan Stanley
3 of 5 stars
 UpgradeUnderweight ➝ Overweight
8/15/2023Sanford C. Bernstein
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 DowngradeMarket Perform ➝ Underperform
1/12/2023Deutsche Bank Aktiengesellschaft
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 Lower TargetHold ➝ Hold€60.00 ➝ €50.00
1/9/2023Societe Generale
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 DowngradeBuy ➝ Sell
12/19/2022Royal Bank of Canada
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 UpgradeSector Perform ➝ Outperform
12/13/2022Credit Suisse Group
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 DowngradeNeutral ➝ Underperform
12/5/2022JPMorgan Chase & Co.
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 Lower Target€70.00 ➝ €65.00

Analyst ratings data on MarketBeat is provided by Benzinga and other data providers. This page was last refreshed on Friday at 09:35 PM ET.


Should I Buy Danone Stock? DANOY Pros and Cons Explained

These pros and cons were generated based on recent news and financial data from MarketBeat in order to provide readers with the fastest and most accurate insights. They were last updated on Sunday, October 27, 2024. Please send any questions or comments about these Danone pros and cons to contact@marketbeat.com.

Danone
Bull Case

green Wall Street bull icon

Here are some ways that investors could benefit from investing in Danone S.A.:

  • Danone S.A. has a diverse product portfolio including popular brands like Actimel, Activia, Alpro, and evian, providing stability and potential for growth in various markets.
  • The company's focus on specialized nutrition products for babies and young children under brands like Aptamil and Nutricia caters to a growing market segment, offering long-term revenue opportunities.
  • Recent developments in the company's plant-based products line, such as Alpro and So Delicious, align with the increasing consumer demand for plant-based alternatives, potentially driving future sales growth.
  • With a global presence across multiple continents, Danone S.A. has established distribution channels in diverse regions, reducing dependency on any single market and enhancing resilience to economic fluctuations.
  • Considering the current stock price of Danone S.A. at $12.24 on record date 04/15/2024, there may be an opportunity for value investors to enter at an attractive price point.

Danone
Bear Case

red Wall Street bear icon

Investors should be bearish about investing in Danone S.A. for these reasons:

  • Despite its diverse product portfolio, Danone S.A. faces intense competition in the food and beverage industry, which could impact its market share and profitability.
  • The company's stagnant institutional ownership percentage of 0% may raise concerns about lack of confidence from larger investors, potentially affecting stock performance.
  • With a relatively flat FiftyTwoWeekPerformance and low ShortPercentageOfFloat, there might be limited short-term catalysts for significant stock price movements, potentially leading to slower returns for investors.
  • SharesShortedPreviousMonth at 256,300 and a MonthToMonthChangePercentage of -0.8264 indicate some bearish sentiment among investors, which could lead to increased volatility in the stock price.
  • The FloatSize of 0 and OutstandingShares at 0 may suggest limited liquidity in the stock, which could pose challenges for investors looking to enter or exit positions swiftly.

DANOY Forecast - Frequently Asked Questions

2 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Danone in the last twelve months. There is currently 1 hold rating and 1 buy rating for the stock. The consensus among Wall Street equities research analysts is that investors should "moderate buy" DANOY shares.

According to analysts, Danone's stock has a predicted downside of -100.00% based on their 12-month stock forecasts.

Analysts like Danone more than other "consumer staples" companies. The consensus rating for Danone is Moderate Buy while the average consensus rating for "consumer staples" companies is Hold. Learn more on how DANOY compares to other companies.


This page (OTCMKTS:DANOY) was last updated on 11/8/2024 by MarketBeat.com Staff
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