Kepler Capital Keeps Their Buy Rating on Nestlé SA (NSRGF)
In a report released on February 19, Jon Cox from Kepler Capital maintained a Buy rating on Nestlé SA, with a price target of CHF90.00. The company’s shares closed last Friday at CHF81.43.
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According to TipRanks, Cox is a 4-star analyst with an average return of 4.0% and a 55.18% success rate. Cox covers the Consumer Defensive sector, focusing on stocks such as Nestlé SA, DANONE SA, and Emmi AG.
The word on The Street in general, suggests a Hold analyst consensus rating for Nestlé SA with a CHF82.27 average price target, a 1.03% upside from current levels. In a report released on February 20, TipRanks – xAI also upgraded the stock to a Buy with a CHF91.00 price target.
NSRGF market cap is currently CHF198.3B and has a P/E ratio of 22.33.
Based on the recent corporate insider activity of 12 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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