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UBS Reaffirms Their Hold Rating on Nestlé SA (NSRGF)
In a report released today, Guillaume Delmas from UBS maintained a Hold rating on Nestlé SA, with a price target of CHF80.00.
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According to TipRanks, Delmas is a 3-star analyst with an average return of 2.6% and a 50.25% success rate. Delmas covers the Consumer Defensive sector, focusing on stocks such as DANONE SA, Nestlé SA, and L’Oreal.
In addition to UBS, Nestlé SA also received a Hold from Jefferies’s David Hayes in a report issued yesterday. However, on March 23, Kepler Capital maintained a Buy rating on Nestlé SA (Other OTC: NSRGF).
NSRGF market cap is currently CHF193.4B and has a P/E ratio of 22.43.
Read More on NSRGF:
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- Nestle price target raised to CHF 80 from CHF 77 at Jefferies
- Unilever Considers Major Food Spinoff as McCormick Merger Talks Surface
- Nestle price target raised to CHF 75 from CHF 74 at Morgan Stanley
- Nestle price target raised to CHF 77 from CHF 76 at Jefferies
- Nestlé: Solid Guidance but Lacking New Catalysts Justifies Hold Rating
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