Danone S.A. (BN.PA) (EPA:BN) Receives Consensus Rating of “Hold” from Brokerages

Danone S.A. (BN.PA) (EPA:BN) has been given an average recommendation of “Hold” by the fifteen analysts that are currently covering the stock, Marketbeat Ratings reports. Two equities research analysts have rated the stock with a sell recommendation, six have assigned a hold recommendation and seven have given a buy recommendation to the company. The average 12 month target price among brokers that have covered the stock in the last year is €64.15 ($75.48).

Several brokerages recently weighed in on BN. The Goldman Sachs Group set a €62.00 ($72.94) price objective on Danone S.A. (BN.PA) and gave the stock a “neutral” rating in a research report on Monday, October 19th. Credit Suisse Group set a €65.00 ($76.47) price objective on Danone S.A. (BN.PA) and gave the stock a “buy” rating in a research report on Monday, October 19th. Berenberg Bank set a €59.00 ($69.41) price objective on Danone S.A. (BN.PA) and gave the stock a “neutral” rating in a research report on Tuesday, October 20th. UBS Group set a €45.00 ($52.94) price target on Danone S.A. (BN.PA) and gave the stock a “sell” rating in a research report on Monday, November 2nd. Finally, Kepler Capital Markets set a €67.00 ($78.82) price target on Danone S.A. (BN.PA) and gave the stock a “buy” rating in a research report on Tuesday, November 10th.

BN stock opened at €52.90 ($62.24) on Friday. The business has a 50 day simple moving average of €52.63 and a 200-day simple moving average of €57.81. Danone S.A. has a 1 year low of €61.87 ($72.79) and a 1 year high of €72.13 ($84.86).

About Danone S.A. (BN.PA)

Danone SA operates in the food and beverage industry in Europe, Noram, Latin America, the Asia Pacific, Africa, and the Middle East. The company operates through three segments: Essential Dairy & Plant-Based, Specialized Nutrition, and Waters. It produces and distributes yogurts; milk products; coffee creamers, drinks, and beverages; plant-based products; and ice creams, desserts, and nutritional powdered protein products under the Danone, Danonino or Prostokvashino, Light & Free, Actimel, Activia, Oikos, Danette, Danissimo, YoPRO, Horizon, SToK, Silk, So Delicious, Vega, and Alpro brands, as well as under the license brands, including International Delight, Dunkin' Donuts, and Bailey's.

Recommended Story: Why Invest in Dividend Kings

Analyst Recommendations for Danone S.A. (BN.PA) (EPA:BN)