In a report released yesterday, Martin Deboo from Jefferies maintained a Hold rating on Nestlé SA (NSRGF), with a price target of CHF94.00. The company’s shares closed last Thursday at $108.75.
Deboo has an average return of 9.5% when recommending Nestlé SA.
According to TipRanks.com, Deboo is ranked #3228 out of 6667 analysts.
Nestlé SA has an analyst consensus of Moderate Buy, with a price target consensus of $113.31.
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The company has a one-year high of $114.93 and a one-year low of $84.20. Currently, Nestlé SA has an average volume of 31.29K.
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Nestlé SA is a nutrition, health and wellness company, which engages in the manufacture, supply and production of prepared dishes and cooking aids, milk-based products, pharmaceuticals and ophthalmic goods, baby foods and cereals. The company products portfolio includes powdered and liquid beverages, water, milk products and ice cream, nutrition and health science, prepared dishes and cooking aids, confectionery, and pet care. It operates through the following segments: Zone EMENA, Zone Americas, Zone Asia, Oceania & Africa, Nestlé Waters, Nestlé Nutrition, and Other Businesses. The Other Business segment is comprised of Nespresso, Nestle Health Science and Nestle Skin Health. The company was founded by Henri Nestlé in 1866 and is headquartered in Vevey, Switzerland.
