Shares of NESTLE S A/S (OTCMKTS:NSRGY) have been assigned an average recommendation of “Hold” from the seven research firms that are covering the company, Marketbeat reports. One research analyst has rated the stock with a sell rating, two have issued a hold rating and four have issued a buy rating on the company.
A number of analysts have recently issued reports on NSRGY shares. Zacks Investment Research downgraded shares of NESTLE S A/S from a “buy” rating to a “hold” rating in a report on Thursday, September 27th. JPMorgan Chase & Co. reaffirmed a “buy” rating on shares of NESTLE S A/S in a report on Tuesday, September 4th. Morgan Stanley reaffirmed a “buy” rating on shares of NESTLE S A/S in a report on Tuesday, October 16th. Jefferies Financial Group raised shares of NESTLE S A/S from a “hold” rating to a “buy” rating in a report on Tuesday, October 2nd. Finally, UBS Group raised shares of NESTLE S A/S from a “hold” rating to a “buy” rating in a report on Friday, October 19th.
Shares of NSRGY stock opened at $84.60 on Wednesday. NESTLE S A/S has a one year low of $73.59 and a one year high of $87.85. The stock has a market cap of $262.64 billion, a P/E ratio of 24.81, a PEG ratio of 2.30 and a beta of 0.46. The company has a current ratio of 0.80, a quick ratio of 0.57 and a debt-to-equity ratio of 0.34.
NESTLE S A/S Company Profile
Nestlé SA, together with its subsidiaries, operates as a food and beverage company. The company operates through Zone Europe, Middle East and North Africa; Zone Americas; Zone Asia, Oceania and sub-Saharan Africa; Nestlé Waters; and Nestlé Nutrition segments. It offers baby foods under the Cerelac, Gerber, Gerber Graduates, NaturNes, and Nestum brands; bottled water under the Nestlé Pure Life, Perrier, Poland Spring, and S.Pellegrino brands; cereals under the Chocapic, Cini Minis, Cookie Crisp, Estrelitas, Fitness, and Nesquik Cereal brands; and chocolate and confectionery products under the Smarties, Cailler, Butterfinger, Crunch, Aero, KitKat, Nestle Toll House, Wonka, and Orion brands.
Further Reading: Growth Stocks
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