Morgan Stanley cuts Danone target: Danone stock gains 4.27 percent
Published on 10/15/2026 at 10:43 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWSTargets and quarterly growth
- Morgan Stanley lowered its Danone target from EUR 83.00 to EUR 80.00 on October 13, 2026.
- Danone reported 3.50 percent like-for-like sales growth in the first half of 2026 and 4.20 percent in the second quarter.
- Danone stock trades at EUR 61.25 at 10:37 a.m. CEST at Lang & Schwarz on October 15, 2026, 4.27 percent above the Xetra close of October 14, 2026.
Danone stock (ISIN FR0000120644) was trading at EUR 61.25 at Lang & Schwarz on October 15, 2026, at 10:37 a.m. CEST, 4.27 percent above the Xetra close of October 14, 2026 at EUR 58.74. The latest analyst move came from Morgan Stanley, which cut its Danone target from EUR 83.00 to EUR 80.00 on October 13, 2026, according to Ideal Investisseur.
Why the target cut matters
The lower target contrasts with Danone's operating trend. Morgan Stanley kept an overweight view while reducing the target to EUR 80.00, and CIC Market Solutions lowered its target from EUR 79.00 to EUR 77.00, the same source reported on October 13, 2026. The revisions put valuation and execution ahead of a simple growth narrative.
Danone's first-half 2026 sales rose 3.50 percent like-for-like, while second-quarter sales reached EUR 7.215 billion and increased 4.20 percent on that basis. The figures came from Danone's October 1, 2026 sales aide-memoire carried by Yahoo Finance. Volume and mix contributed 1.90 percentage points in the second quarter, while pricing contributed 2.30 points.
What does the growth mean?
Danone's guidance calls for 2026 like-for-like sales growth of 3.00 percent to 5.00 percent, with recurring operating income growing faster than sales. That range places the 4.20 percent second-quarter result inside the annual objective, but the upcoming sales update must show whether the pace is holding across the portfolio.
Three dated developments
On September 4, 2026, Danone completed its Huel acquisition. On September 21, 2026, it issued EUR 1.5 billion in three bond tranches. On October 13, 2026, Morgan Stanley cut its target from EUR 83.00 to EUR 80.00 while CIC Market Solutions reduced its target from EUR 79.00 to EUR 77.00, according to Yahoo Finance and Ideal Investisseur.
Dates for the next update
Danone is scheduled to publish third-quarter 2026 sales on October 28, 2026, followed by an analyst call, according to the company's investor-relations calendar. The 2027 shareholders' meeting is scheduled for April 29, 2027.
Stock gains ahead of results
The EUR 61.25 Lang & Schwarz price is 4.27 percent above the EUR 58.74 Xetra close dated October 14, 2026. Danone's market capitalization was EUR 39.4 billion as of October 15, 2026, while its 52-week range was EUR 57.26 to EUR 80.14.
The further course of trading is shown by the continuously updated real-time quote of Danone stock.
Danone stock facts
- Company: Danone S.A.
- ISIN: FR0000120644
- Ticker: BSN
- Primary exchange: Euronext Paris
- Price Lang & Schwarz (as of October 15, 2026, 10:37 a.m. CEST): EUR 61.25
- Change versus Xetra close: plus 4.27 percent
- Xetra close (October 14, 2026): EUR 58.74
- Market capitalization: EUR 39.4 billion (as of October 15, 2026)
- 52-week range: EUR 57.26-EUR 80.14 (as of October 15, 2026)
- Sector / Industry: Consumer Defensive / Packaged Foods
- Index membership: CAC 40
- Next earnings date: October 28, 2026
Market context: Market report CAC 40.
