Groupe Danone SA’s Sell Rating Reaffirmed at Canaccord Genuity (BN)

Groupe Danone SA (EPA: BN)‘s stock had its “sell” rating reaffirmed by Canaccord Genuity in a research note issued on Tuesday. They currently have a $55.84 (€43) price target on the stock.

Other equities research analysts have also recently issued reports about the stock. Analysts at Sanford C. Bernstein reiterated a “market perform” rating on shares of Groupe Danone SA in a research note to investors on Monday. They now have a $68.83 price target on the stock. Separately, analysts at AlphaValue reiterated an “add” rating on shares of Groupe Danone SA in a research note to investors on Thursday, February 28th. They now have a $81.45 price target on the stock. Finally, analysts at Grupo Santander reiterated an “underweight” rating on shares of Groupe Danone SA in a research note to investors on Wednesday, February 20th. They now have a $61.33 price target on the stock.

Shares of Groupe Danone SA traded up 2.51% during mid-day trading on Tuesday, hitting €54.80. Groupe Danone SA has a one year low of €45.605 and a one year high of €54.96. The stock’s 50-day moving average is currently €48.70. The company has a market cap of €32.884 billion and a P/E ratio of 19.30.

Groupe Danone is a food company that primarily produces fresh milk products, baby foods, biscuits, cereal products and medical nutrition products.

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