Jefferies Financial Group Downgrades Danone (OTCMKTS:DANOY) to Underperform

Danone (OTCMKTS:DANOY) was downgraded by analysts at Jefferies Financial Group from a “hold” rating to an “underperform” rating in a report released on Wednesday, MarketBeat reports.

Separately, The Goldman Sachs Group raised Danone to a “hold” rating in a research note on Tuesday, December 17th.

Danone Stock Down 1.2 %

Shares of DANOY opened at $13.34 on Wednesday. The firm’s fifty day simple moving average is $13.63 and its two-hundred day simple moving average is $13.62. Danone has a 12 month low of $12.01 and a 12 month high of $14.72.

About Danone

Danone SA operates in the food and beverage industry in Europe, Ukraine, North America, China, North Asia, the Oceania, Latin America, rest of Asia, Africa, Turkey, the Middle East, and the Commonwealth of Independent States. The company operates through Essential Dairy & Plant-Based, Specialized Nutrition, and Waters segments.