Nestlé SA (NSRGF) Receives a Hold from UBS
In a report released today, Guillaume Delmas from UBS maintained a Hold rating on Nestlé SA, with a price target of CHF78.00.
President's Day Sale - 70% Off
- Unlock hedge fund-level data and powerful investing tools for smarter, sharper decisions
- Stay ahead of the market with the latest news and analysis and maximize your portfolio's potential
According to TipRanks, Delmas is a 3-star analyst with an average return of 1.1% and a 47.03% success rate. Delmas covers the Consumer Defensive sector, focusing on stocks such as L’Oreal, Nestlé SA, and DANONE SA.
In addition to UBS, Nestlé SA also received a Hold from Barclays’s Warren Ackerman in a report issued today. However, on February 12, Morgan Stanley maintained a Sell rating on Nestlé SA (Other OTC: NSRGF).
Based on Nestlé SA’s latest earnings release for the quarter ending June 30, the company reported a quarterly revenue of CHF44.41 billion and a net profit of CHF5.07 billion. In comparison, last year the company earned a revenue of CHF45.23 billion and had a net profit of CHF5.64 billion
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:
Disclaimer & DisclosureReport an Issue
- 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
