Danone, FR0000120644

Morgan Stanley cuts target for Danone stock to EUR 80.00

Published on 10/14/2026 at 14:23 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Danone's H1 2026 sales rose 3.50 percent like-for-like. Danone stock costs EUR 59.37 on October 14, 2026, up 1.07 percent versus Xetra close.

Target revisions and reporting date

Morgan Stanley lowered its Danone target from EUR 83.00 to EUR 80.00 on October 5, 2026.
Danone's H1 2026 like-for-like sales increased 3.50 percent.
Danone stock costs EUR 59.37 at Lang & Schwarz on October 14, 2026 at 2:12 p.m. CEST, plus 1.07 percent versus the Xetra close of October 13, 2026.
Danone is scheduled to publish third-quarter 2026 sales on October 28, 2026.

Isometrische 3D-Darstellung der Nahrungsmittel-Lieferkette von der Farm zum Supermarkt — Isometrische 3D-Infografik der Wertschöpfungskette von Danone S.A. FR0000120644 von der Farm bis zum Supermarkt, Illustration mit AI erstellt.

On October 5, 2026, Morgan Stanley cut its target for Danone from EUR 83.00 to EUR 80.00 while retaining an Overweight view, according to Ideal Investisseur. The EUR 80.00 target lies 34.75 percent above the EUR 59.37 Lang & Schwarz price. Danone stock was trading at EUR 59.37 at Lang & Schwarz on October 14, 2026 at 2:12 p.m. CEST, plus 1.07 percent versus the Xetra close of October 13, 2026 at EUR 58.74.

First-half sales keep growing

Danone's like-for-like sales increased 3.50 percent in the first half of 2026. Volume and mix contributed 1.70 percent, while pricing added 1.80 percent, according to FT.com. The same company announcement states that reported first-half sales increased 1.40 percent after a 3.30 percent foreign-exchange impact.

Danone's full-year 2026 outlook calls for like-for-like sales growth of 3.00 percent to 5.00 percent, with recurring operating income growing faster than sales, the October 1, 2026 company announcement said.

Stock stays below yearly high

The Lang & Schwarz quote stood 25.69 percent below Danone's 52-week high of EUR 79.90 and 3.61 percent above its 52-week low of EUR 57.30 on October 14, 2026. Trading volume was 1,482 shares against an average volume of 3,015 shares in the same quote snapshot.

The bid was EUR 59.36 and the ask EUR 59.38 at Lang & Schwarz at 2:12 p.m. CEST. The current price remains inside the quoted yearly range, but the distance to the low is materially smaller than the distance to the high.

Valuation and reporting date

Danone's market capitalization was EUR 38.1 billion, its price-to-earnings ratio was 19.53 and its trailing dividend yield was 4.00 percent on October 14, 2026. These valuation figures place the stock below Nestle's price-to-earnings ratio of 27.06 and above Unilever's ratio of 22.10 only on the market-capitalization scale, where Danone was valued at EUR 38.1 billion.

Danone's investor calendar lists third-quarter 2026 sales for October 28, 2026, followed by an analyst call at 8:15 a.m. Paris time, according to Danone. That date gives the next scheduled operating checkpoint after the first-half sales update.

Comparison with peers

Danone: plus 1.07 percent, price-to-earnings ratio 19.53, market capitalization EUR 38.1 billion.

Nestle (SIX, CHF): plus 1.16 percent, price-to-earnings ratio 27.06, market capitalization CHF 201.1 billion.

Unilever (LSE, GBp): plus 0.92 percent, price-to-earnings ratio 22.10, market capitalization GBP 102.4 billion.

Price remains in trading

Danone stock was trading at EUR 59.37 at Lang & Schwarz on October 14, 2026 at 2:12 p.m. CEST, plus 1.07 percent versus the Xetra close of October 13, 2026 at EUR 58.74. The further course of trading is shown by the continuously updated real-time quote of Danone stock.