Danone (EPA:BN) Given a €64.00 Price Target by Berenberg Bank Analysts

Berenberg Bank set a €64.00 ($74.42) target price on Danone (EPA:BN) in a research report report published on Wednesday morning, Borsen Zeitung reports. The firm currently has a neutral rating on the stock.

Several other equities analysts also recently commented on the company. Jefferies Financial Group set a €68.75 ($79.94) target price on Danone and gave the company a buy rating in a research report on Wednesday, March 18th. Barclays set a €70.00 ($81.40) target price on Danone and gave the stock a buy rating in a research note on Tuesday, March 17th. JPMorgan Chase & Co. set a €65.00 ($75.58) target price on Danone and gave the stock a buy rating in a research note on Tuesday, March 17th. Goldman Sachs Group set a €75.00 ($87.21) target price on Danone and gave the stock a neutral rating in a research note on Monday, January 20th. Finally, Credit Suisse Group set a €74.00 ($86.05) target price on Danone and gave the stock a neutral rating in a research note on Wednesday, February 26th. Seven research analysts have rated the stock with a hold rating and six have assigned a buy rating to the company’s stock. Danone has a consensus rating of Hold and an average price target of €73.13 ($85.04).

Shares of BN stock traded up €1.20 ($1.40) on Wednesday, hitting €58.56 ($68.09). 2,965,354 shares of the company’s stock were exchanged, compared to its average volume of 1,940,000. Danone has a 12 month low of €61.87 ($71.94) and a 12 month high of €72.13 ($83.87). The company has a 50 day moving average of €64.81 and a 200 day moving average of €72.86.

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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Analyst Recommendations for Danone (EPA:BN)

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