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Kepler Capital Reaffirms Their Buy Rating on Nestlé SA (NSRGF)

Tipranks - Tipranks - Wed Mar 25, 8:40PM CDT

Kepler Capital analyst Jon Cox maintained a Buy rating on Nestlé SA on March 23 and set a price target of CHF90.00. The company’s shares closed yesterday at CHF74.85.

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According to TipRanks, Cox is a 4-star analyst with an average return of 3.2% and a 53.00% success rate. Cox covers the Consumer Defensive sector, focusing on stocks such as Nestlé SA, DANONE SA, and Associated British Foods.

Nestlé SA has an analyst consensus of Hold, with a price target consensus of CHF83.17, an 11.11% upside from current levels. In a report released on March 21, TipRanks – PerPlexity also reiterated a Buy rating on the stock with a CHF84.00 price target.

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NSRGF market cap is currently CHF189.3B and has a P/E ratio of 22.43.

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