Danone, FR0000120644

Morgan Stanley cuts target for Danone stock from EUR 83 to EUR 80

Published on 10/23/2026 at 10:37 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

H1 sales grew 3.50 percent like for like. Danone stock costs EUR 61.96 on October 23, 2026, 0.67 percent below the Xetra close of EUR 62.38.

Growth and upcoming dates

Morgan Stanley cut its Danone target from EUR 83 to EUR 80 on October 13, 2026.
Like-for-like sales rose 3.50 percent in the first half of 2026, while second-quarter growth reached 4.20 percent.
Danone stock trades at EUR 61.96 at 10:32 a.m. CEST at Lang & Schwarz on October 23, 2026, 0.67 percent below the Xetra close of October 22, 2026.
Danone is scheduled to publish third-quarter sales on October 28, 2026.

Extreme Makro-Nahaufnahme einer glatten weißen Joghurtoberfläche in Keramikschale — Extreme Makroaufnahme einer cremigen Joghurtoberfläche symbolisiert das Kernprodukt von Danone S.A. FR0000120644, Illustration mit AI erstellt.

Danone stock is at EUR 61.96 at Lang & Schwarz on October 23, 2026 at 10:32 a.m. CEST, 0.67 percent below the Xetra close of October 22, 2026 (EUR 62.38). Zonebourse reported on October 13, 2026 that Morgan Stanley kept an Overweight rating while cutting its target from EUR 83 to EUR 80.

Analyst target meets operating progress

The target reduction places more weight on Danone's operating delivery ahead of its next sales update. The Financial Times reported on October 1, 2026 that Danone retained its full-year 2026 like-for-like sales growth guidance of 3.00 percent to 5.00 percent.

Danone's like-for-like sales increased 3.50 percent in the first half of 2026. Second-quarter growth was 4.20 percent, up from 2.70 percent in the first quarter, according to the same company announcement carried by The Financial Times.

What do the next dates mean?

Danone has three dated developments in sequence: it completed the Huel acquisition on September 4, 2026, issued EUR 1.50 billion of bonds on September 21, 2026, and received Morgan Stanley's revised EUR 80 target on October 13, 2026. The first two events and their figures were listed in The Financial Times.

The next two scheduled dates are October 28, 2026, for third-quarter sales, and April 29, 2027, for the shareholders' meeting, according to Danone.

Stock stays below its recent high

Danone's euro quote sits below the 52-week high of EUR 80.14 and above the 52-week low of EUR 57.26. Its market capitalization was EUR 40.1 billion on October 23, 2026, while the French food producer remains a CAC 40 member.

The stock was trading at EUR 61.96 at Lang & Schwarz on October 23, 2026 at 10:32 a.m. CEST, 0.67 percent below the Xetra close of October 22, 2026 (EUR 62.38). The further course of trading is shown by the continuously updated real-time quote of Danone stock.