Nestlé SA (NSRGF) Gets a Hold from Bernstein
In a report released today, Callum Elliott from Bernstein maintained a Hold rating on Nestlé SA, with a price target of CHF74.00.
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Elliott covers the Consumer Defensive sector, focusing on stocks such as Nestlé SA, DANONE SA, and Henkel AG & Co. KGaA. According to TipRanks, Elliott has an average return of 2.2% and a 55.26% success rate on recommended stocks.
In addition to Bernstein, Nestlé SA also received a Hold from Jefferies’s David Hayes in a report issued today. However, on February 12, Morgan Stanley maintained a Sell rating on Nestlé SA (Other OTC: NSRGF).
The company has a one-year high of CHF91.72 and a one-year low of CHF69.90. Currently, Nestlé SA has an average volume of 3.83M.
Based on the recent corporate insider activity of 9 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.
Read More on NSRGF:
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- Hold Rating Maintained as New CEO Reaffirms Modest Growth and Incremental Strategy
- Nestlé Tightens Focus on Four Core Businesses as 2025 Growth Accelerates
- Nestle weighs reducing exposure to ice cream business, Bloomberg reports
- Nestle said to consider reduced ice cream exposure, Bloomberg reports
- Nestlé Targets Stronger Governance With New Directors and Board Overhaul
