Morgan Stanley analyst Sarah Simon maintained a Sell rating on Nestlé SA today and set a price target of CHF72.00. The company’s shares closed last Friday at $93.73.
Elevate Your Investing Strategy:
- Take advantage of TipRanks Premium at 55% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.
According to TipRanks, Simon is an analyst with an average return of -1.5% and a 48.63% success rate.
Nestlé SA has an analyst consensus of Moderate Buy, with a price target consensus of $103.95.
NSRGF market cap is currently $235.6B and has a P/E ratio of 20.29.
Based on the recent corporate insider activity of 10 insiders, corporate insider sentiment is positive on the stock. This means that over the past quarter there has been an increase of insiders buying their shares of NSRGF in relation to earlier this year.
Read More on NSRGF:
Disclaimer & DisclosureReport an Issue
- Hold Rating on Nestlé SA Amid Modest Growth and Strategic Uncertainties
- Nestlé Appoints New CEO for Nespresso
- Nestle says Chairman Paul Bulcke to step down earlier than planned
- Nestlé Announces Leadership Transition with Pablo Isla as New Chairman
- Nestle investors call for chairman Bulcke to step down, FT says
This article contains syndicated content. We have not reviewed, approved, or endorsed the content, and may receive compensation for placement of the content on this site. For more information please view the Barchart Disclosure Policy here.
/EV%20in%20showroom%20by%20Robert%20Way%20via%20Shutterstock.jpg)
/Oracle%20Corp_%20office%20logo-by%20Mesut%20Dogan%20via%20iStock.jpg)
/JPMorgan%20Chase%20%26%20Co_%20sign-by%20Robson90%20via%20Shutterstock.jpg)