Danone (DANOY) Stock Forecast & Price Target

$14.65

+0.04 (+0.27%)

(As of 09/27/2024 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

Moderate Buy

Based on 3 Analyst Ratings

Sell
0

Hold
1

Buy
2

Based on 3 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 3 analysts, 1 has given a hold rating, and 2 have given a buy rating for DANOY.

Consensus Price Target

N/A

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DANOY Analyst Ratings Over Time

Type	Current Forecast 9/30/23 to 9/29/24	1 Month Ago 8/31/23 to 8/30/24	3 Months Ago 7/2/23 to 7/1/24	1 Year Ago 9/30/22 to 9/30/23
Strong Buy	0 Strong Buy rating(s)	0 Strong Buy rating(s)	0 Strong Buy rating(s)	0 Strong Buy rating(s)
Buy	2 Buy rating(s)	2 Buy rating(s)	2 Buy rating(s)	1 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)	4 Sell rating(s)
Consensus Price Target	N/A	N/A	N/A	N/A
Forecasted Upside	N/A	N/A	N/A	N/A
Consensus Rating	Moderate Buy	Moderate Buy	Hold	Reduce

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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.

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.

Danone Stock vs. The Competition

Type	Danone	Consumer Staples Companies	S&P 500
Consensus Rating Score	2.67	2.44	2.50
Consensus Rating	Moderate Buy	Hold	Hold
Predicted Upside	N/A	484.96% Upside	6.16% Upside
News Sentiment Rating	Neutral News See Recent DANOY News	Positive News	Positive News

Recent Analyst Forecasts and Stock Ratings

Rating

Upside/Downside

Action

Time Frame

Start Date

End Date

Show

Export to Excel

Date	Brokerage	Action	Rating	Price Target
1/16/2024	UBS Group 4 of 5 stars	Upgrade	Sell ➝ Buy
1/9/2024	BNP Paribas 3 of 5 stars	Upgrade	Underperform ➝ Neutral
11/1/2023	Morgan Stanley 3 of 5 stars	Upgrade	Underweight ➝ Overweight
8/15/2023	Sanford C. Bernstein Subscribe to MarketBeat All Access for the recommendation accuracy rating	Downgrade	Market Perform ➝ Underperform
1/12/2023	Deutsche Bank Aktiengesellschaft Subscribe to MarketBeat All Access for the recommendation accuracy rating	Lower Target	Hold ➝ Hold	€60.00 ➝ €50.00
1/9/2023	Societe Generale Subscribe to MarketBeat All Access for the recommendation accuracy rating	Downgrade	Buy ➝ Sell
12/19/2022	Royal Bank of Canada Subscribe to MarketBeat All Access for the recommendation accuracy rating	Upgrade	Sector Perform ➝ Outperform
12/13/2022	Credit Suisse Group Subscribe to MarketBeat All Access for the recommendation accuracy rating	Downgrade	Neutral ➝ Underperform
12/5/2022	JPMorgan Chase & Co. Subscribe to MarketBeat All Access for the recommendation accuracy rating	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 Sunday at 11:37 AM 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 Tuesday, September 24, 2024. Please send any questions or comments about these Danone pros and cons to contact@marketbeat.com.

Danone
Bull Case

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 with consistent demand.
Recent developments show that Danone S.A. has been actively expanding its e-commerce channels, tapping into the digital market trend and potentially increasing sales efficiency.
With a strong presence in multiple regions globally, Danone S.A. has established a wide distribution network, reducing dependency on specific markets and enhancing resilience.
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 looking for potential upside.

Danone
Bear Case

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

Despite its diverse product range, Danone S.A. faces strong competition in the food and beverage industry, which could impact market share and profitability.
The company's shares shorted in the previous month were 256,300, indicating potential bearish sentiment among some investors, which could lead to volatility in the stock price.
With a float size of 0 and institutional ownership percentage at 0, there may be concerns about liquidity and institutional support for the stock.
The month-to-month change percentage of -0.8264 in shares shorted suggests a recent increase in bearish bets against Danone S.A., signaling potential downside pressure.
Considering the lack of significant positive performance indicators like short percentage of float, outstanding shares, and institutional ownership, investors may need to carefully evaluate the risk-return profile of investing in Danone S.A.

DANOY Forecast - Frequently Asked Questions

: 3 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Danone in the last year. There is currently 1 hold rating and 2 buy ratings for the stock. The consensus among Wall Street 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.

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This page (OTCMKTS:DANOY) was last updated on 9/29/2024 by MarketBeat.com Staff

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Danone (DANOY) Stock Forecast & Price Target