The Goldman Sachs Group Reiterates “€51.00” Price Target for Danone (EPA:BN)

The Goldman Sachs Group set a €51.00 ($53.68) price objective on Danone (EPA:BNGet Rating) in a report released on Tuesday morning, Borsen Zeitung reports.

A number of other analysts have also weighed in on the stock. Credit Suisse Group set a €56.00 ($58.95) target price on shares of Danone in a research note on Friday, June 17th. Sanford C. Bernstein set a €56.00 ($58.95) price target on Danone in a report on Wednesday, April 20th. JPMorgan Chase & Co. set a €70.00 ($73.68) price target on Danone in a report on Friday, June 17th. HSBC set a €56.00 ($58.95) target price on Danone in a report on Tuesday, June 7th. Finally, Deutsche Bank Aktiengesellschaft set a €60.00 ($63.16) price target on Danone in a research note on Wednesday, March 9th.

BN opened at €50.57 ($53.23) on Tuesday. The firm has a fifty day moving average price of €54.57 and a 200 day moving average price of €54.12. Danone has a 1 year low of €61.87 ($65.13) and a 1 year high of €72.13 ($75.93).

Danone Company Profile (Get Rating)

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 Actimel, Activia, Alpro, Aptamil, Danette, Danio, Danonino, evian, Nutricia, Nutrilon, Volvic, as well as under the licensed brands, including International Delight, Dunkin' Donuts, and Bailey's.

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