Danone (OTCMKTS:DANOY) Downgraded by Credit Suisse Group to “Neutral”

Credit Suisse Group downgraded shares of Danone (OTCMKTS:DANOY) from an outperform rating to a neutral rating in a report released on Monday morning, The Fly reports.

Other equities analysts have also recently issued reports about the stock. Barclays raised their target price on shares of Worldpay from $131.00 to $136.00 and gave the company an overweight rating in a research note on Wednesday, April 10th. Zacks Investment Research raised shares of FirstService from a strong sell rating to a hold rating and set a $110.00 target price for the company in a research note on Tuesday, June 25th. Finally, HSBC set a $46.00 target price on shares of Aqua America and gave the company a buy rating in a research note on Friday, June 28th. Two analysts have rated the stock with a sell rating, two have issued a hold rating and four have issued a buy rating to the company. The company has an average rating of Hold and an average price target of $18.00.

Shares of DANOY stock opened at $17.08 on Monday. The company has a market cap of $55.16 billion, a P/E ratio of 20.33, a price-to-earnings-growth ratio of 2.60 and a beta of 0.72. Danone has a one year low of $13.57 and a one year high of $17.28. The company’s fifty day moving average price is $16.70. The company has a quick ratio of 0.86, a current ratio of 1.04 and a debt-to-equity ratio of 0.87.

About Danone

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 DanActive, Danimals, Dannon, Danonino, Light & Fit, Oikos, Wallaby, YoCrunch, Danone, Danonino or Prostokvashino, Light & Free, and Vitalinea brand names; and almond-based, cashew-based, soy-based products, ice creams and novelties, and nutrition products under the Silk, So Delicious, Vega, and Alpro brands.

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