OTCMarketsExpert
Long

Danone on bullish trajectory to $19

OTC:DANOY   DANONE
Danone sits at the sweet spot of health conscious consumers with a wide array of products. It is long established with a very unique brand identity and despite its heritage, it is more than willing to change with current trends.
The chart is on extremely bullish trajectory and that looks set to continue.
AVERAGE ANALYSTS PRICE TARGET $18.63
AVERAGE ANALYSTS RECOMMENDATION overweight
P/E RATIO

COMPANY PROFILE
Danone SA engages in the food processing industry. It operates through the following divisions: Fresh Dairy Products, Waters , Early Life Nutrition, and Medical Nutrition. The Fresh Dairy Products division produces and markets yogurts, fermented fresh dairy products, and other specialized fresh dairy products. The Waters division comprises the natural waters business along with aqua drinks. The Early Life Nutrition division focuses on specialized foods for babies and young children to complement breast-feeding while always complying with the World Health Organization Code and local laws. The Medical Nutrition division focuses mainly on people receiving medical treatment, babies afflicted with certain illnesses and frail elderly people. Danone was founded on February 2, 1899 and is headquartered in Paris, France.
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