NESTLE S A/S (OTCMKTS:NSRGY) has received an average recommendation of “Buy” from the twelve analysts that are presently covering the stock, MarketBeat reports. One analyst has rated the stock with a sell rating, three have given a hold rating and eight have assigned a buy rating to the company. The average 1 year price target among analysts that have issued ratings on the stock in the last year is $100.00.
NSRGY has been the subject of several research reports. Zacks Investment Research lowered NESTLE S A/S from a “buy” rating to a “sell” rating in a report on Thursday, June 6th. Bank of America initiated coverage on NESTLE S A/S in a report on Friday, April 5th. They set a “buy” rating for the company. Royal Bank of Canada lowered NESTLE S A/S from an “outperform” rating to a “sector perform” rating in a report on Tuesday, February 19th. Finally, Barclays initiated coverage on NESTLE S A/S in a report on Wednesday, April 10th. They set an “overweight” rating for the company.
Shares of OTCMKTS NSRGY opened at $101.81 on Friday. NESTLE S A/S has a one year low of $73.59 and a one year high of $103.12. The stock has a market cap of $311.66 billion, a price-to-earnings ratio of 30.21, a price-to-earnings-growth ratio of 2.66 and a beta of 0.47. The company has a debt-to-equity ratio of 0.44, a current ratio of 0.95 and a quick ratio of 0.74.
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; and Nestlé Waters segments. It offers baby foods under the Cerelac, Gerber, and NaturNes brands; bottled water under the Nestlé Pure Life, Perrier, Poland Spring, and S.Pellegrino brands; cereals under the Fitness, Nesquik, cheerios, and Lion Cereals brands; and chocolate and confectionery products under the KitKat, Nestle L'atelier, Nestle Toll House, Milkybar, Smarties, Quality Street, Aero, Garoto, Orion, and Cailler brands.
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