DZ BANK AG analyst Axel Herlinghaus maintained a Buy rating on Nestlé SA (NSRGF – Research Report) on November 22. The company’s shares closed last Friday at $85.19.
According to TipRanks, Herlinghaus is ranked #2553 out of 9182 analysts.
Currently, the analyst consensus on Nestlé SA is a Hold with an average price target of $99.12, which is a 16.35% upside from current levels. In a report released on November 19, Baader Bank also maintained a Buy rating on the stock with a CHF92.00 price target.
The company has a one-year high of $117.52 and a one-year low of $83.58. Currently, Nestlé SA has an average volume of 142.8K.
Based on the recent corporate insider activity of 14 insiders, corporate insider sentiment is positive on the stock. This means that over the past quarter there has been an increase of insiders buying their shares of NSRGF in relation to earlier this year.
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Nestlé SA (NSRGF) Company Description:
Nestlé SA is a nutrition, health and wellness company, which engages in the manufacture, supply and production of prepared dishes and cooking aids, milk-based products, pharmaceuticals and ophthalmic goods, baby foods and cereals. The company products portfolio includes powdered and liquid beverages, water, milk products and ice cream, nutrition and health science, prepared dishes and cooking aids, confectionery, and pet care. It operates through the following segments: Zone EMENA, Zone Americas, Zone Asia, Oceania & Africa, Nestlé Waters, Nestlé Nutrition, and Other Businesses. The Other Business segment is comprised of Nespresso, Nestle Health Science and Nestle Skin Health. The company was founded by Henri Nestlé in 1866 and is headquartered in Vevey, Switzerland.
Read More on NSRGF:
- Nestlé’s Strategic Plan for Growth and Transformation
- Nestle price target lowered to CHF 93 from CHF 97 at Berenberg
- Nestle price target lowered to CHF 87 from CHF 90 at Deutsche Bank
- Nestle price target lowered to CHF 80 from CHF 84 at Morgan Stanley
- Nestlé Cuts Forecast as Demand Falters and Costs Climb
