Jefferies Group analyst M. Deboo now anticipates that the company will post earnings of $0.82 per share for the year, up from their prior estimate of $0.81. Jefferies Group also issued estimates for Danone's FY2019 earnings at $1.00 EPS.
A number of other equities analysts have also weighed in on BN. They set an "outperform" rating on the stock. Morgan Stanley set a €80.00 ($95.24) target price on Danone and gave the stock a buy rating in a research report on Wednesday, October 11th. Royal Bank of Canada raised shares of Danone from an "underperform" rating to a "sector perform" rating in a research report on Wednesday, October 18th. Finally, Wells Fargo & Co began coverage on Danone in a report on Friday, September 15th. Three research analysts have rated the stock with a sell rating, six have assigned a hold rating and eight have assigned a buy rating to the stock. The stock now has an average rating of "Hold" and an average price target of $19.00.
Danone (EPA BN) opened at €69.59 ($82.85) on Wednesday. The company had a trading volume of 233,535 shares, compared to its average volume of 476,905. Danone has a 52 week low of $12.21 and a 52 week high of $15.77. The company has a market cap of $39.50 billion, a P/E ratio of 21.09 and a beta of 0.81.
ILLEGAL ACTIVITY WARNING: This report was originally reported by StockNewsTimes and is the property of of StockNewsTimes. If you are reading this piece on another website, it was illegally copied and reposted in violation of United States & worldwide copyright laws. The Company operates through four segments: Fresh Dairy Products Division, Waters Division, Early Life Nutrition Division and Medical Nutrition Division.