Bernstein Remains a Hold on Nestlé SA (NSRGF)
Bernstein analyst Callum Elliott maintained a Hold rating on Nestlé SA today and set a price target of CHF79.00.
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According to TipRanks, Elliott is a 2-star analyst with an average return of 0.3% and a 45.21% success rate. Elliott covers the Consumer Defensive sector, focusing on stocks such as Nestlé SA, Unilever, and DANONE SA.
In addition to Bernstein, Nestlé SA also received a Hold from Citi’s Cedric Besnard in a report issued today. However, on December 8, Kepler Capital maintained a Buy 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 3.66M.
Based on the recent corporate insider activity of 13 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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- Nestle price target lowered to CHF 85 from CHF 90 at Citi
- Cautious Outlook on Nestlé SA: Hold Rating Amid Modest Growth and Strategic Uncertainty
- Nestlé Announces Retirement of Key Executive Sanjay Bahadur
- Sell Recommendation for Nestlé: Overvaluation Concerns Amid Strategic Challenges
- Nestle price target lowered to $90 from $91 at Morgan Stanley
