JPMorgan Chase & Co. Reiterates €75.00 Price Target for Danone (BN)

Danone (EPA:BN) received a €75.00 ($92.59) price objective from research analysts at JPMorgan Chase & Co. in a research note issued on Friday, January 26th. The firm currently has a “neutral” rating on the stock. JPMorgan Chase & Co.’s target price would suggest a potential upside of 17.57% from the stock’s previous close.

Other analysts also recently issued research reports about the company. Barclays set a €82.50 ($101.85) price objective on Danone and gave the stock a “buy” rating in a research report on Monday, January 22nd. UBS Group set a €68.00 ($83.95) price objective on Danone and gave the stock a “neutral” rating in a research report on Monday, October 2nd. Baader Bank set a €74.00 ($91.36) price objective on Danone and gave the stock a “neutral” rating in a research report on Wednesday, October 18th. Credit Suisse Group set a €67.00 ($82.72) price objective on Danone and gave the stock a “neutral” rating in a research report on Friday, January 19th. Finally, Jefferies Group set a €73.00 ($90.12) target price on Danone and gave the stock a “neutral” rating in a report on Thursday, October 19th. Three research analysts have rated the stock with a sell rating, seven have given a hold rating and eight have assigned a buy rating to the stock. The stock has a consensus rating of “Hold” and a consensus target price of €73.06 ($90.19).

Shares of Danone (EPA:BN) traded down €1.33 ($1.64) during mid-day trading on Friday, hitting €63.79 ($78.75). The company’s stock had a trading volume of 3,080,000 shares, compared to its average volume of 1,550,000. Danone has a 52 week low of €58.55 ($72.28) and a 52 week high of €72.13 ($89.05). The company has a market cap of $42,780.00 and a P/E ratio of 21.77.

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Danone Company Profile

Danone SA is engaged in holding directly or indirectly companies, and coordination of the main functions and activities. The Company operates through four segments: Fresh Dairy Products Division, Waters Division, Early Life Nutrition Division and Medical Nutrition Division. The Fresh Dairy Products Division produces and markets yogurts, fermented fresh dairy products and specialized dairy products.

Analyst Recommendations for Danone (EPA:BN)

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