There’s a lot to be optimistic about in the Consumer Goods sector as 2 analysts just weighed in on Nestlé SA (NSRGF) and Emmi AG (EMLZF) with bullish sentiments.
Nestlé SA (NSRGF)
In a report issued on May 26, Jon Cox from Kepler Capital maintained a Buy rating on Nestlé SA, with a price target of CHF120.00. The company’s shares closed last Thursday at $122.80, close to its 52-week high of $125.31.
Cox has an average return of 10.9% when recommending Nestlé SA.
According to TipRanks.com, Cox is ranked #2403 out of 7535 analysts.
Currently, the analyst consensus on Nestlé SA is a Strong Buy with an average price target of $133.13.
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Emmi AG (EMLZF)
In a report issued on May 26, Christian Nordby from Kepler Capital upgraded Emmi AG to Buy, with a price target of CHF1000.00. The company’s shares closed last Friday at $967.27.
According to TipRanks.com, Nordby is ranked #1121 out of 7535 analysts.
The word on The Street in general, suggests a Moderate Buy analyst consensus rating for Emmi AG with a $1113.10 average price target.
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