Danone (BN) Given a €68.00 Price Target at BNP Paribas

BNP Paribas set a €68.00 ($79.07) price objective on Danone (EPA:BN) in a report issued on Thursday, September 20th. The brokerage currently has a neutral rating on the stock.

Other research analysts also recently issued research reports about the company. Morgan Stanley set a €80.00 ($93.02) price target on Danone and gave the company a buy rating in a research note on Thursday, June 21st. Barclays set a €82.00 ($95.35) target price on Danone and gave the stock a buy rating in a research note on Friday, July 6th. Royal Bank of Canada set a €70.00 ($81.40) target price on Danone and gave the stock a buy rating in a research note on Wednesday, July 4th. Deutsche Bank set a €80.00 ($93.02) target price on Danone and gave the stock a buy rating in a research note on Tuesday, July 31st. Finally, Goldman Sachs Group set a €71.00 ($82.56) target price on Danone and gave the stock a neutral rating in a research note on Friday, June 22nd. Nine analysts have rated the stock with a hold rating and nine have given a buy rating to the stock. Danone has an average rating of Buy and a consensus price target of €74.33 ($86.43).

BN stock traded down €0.08 ($0.09) during midday trading on Thursday, reaching €67.28 ($78.23). The company had a trading volume of 3,180,000 shares, compared to its average volume of 1,940,000. Danone has a 1-year low of €61.87 ($71.94) and a 1-year high of €72.13 ($83.87).

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 Danone, Activia, DanActiv, Danimals, Dannon, Danonino, Happy Family, Horizon Organic, Light & Fit, Oikos, YoCrunch, and Danio brands; and almond and soy milk, ice creams and novelties, and powdered proteins under the Silk, So Delicious, Vega, and Alpro brands.

Further Reading: Stock Split

Analyst Recommendations for Danone (EPA:BN)

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