NESTLE S A/S (OTCMKTS:NSRGY) Receives $100.00 Consensus PT from Analysts

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.



A number of hedge funds and other institutional investors have recently modified their holdings of NSRGY. Parametric Portfolio Associates LLC boosted its stake in NESTLE S A/S by 3.4% in the first quarter. Parametric Portfolio Associates LLC now owns 2,562,995 shares of the company’s stock worth $244,305,000 after purchasing an additional 84,505 shares in the last quarter. Douglass Winthrop Advisors LLC grew its holdings in shares of NESTLE S A/S by 1.1% during the first quarter. Douglass Winthrop Advisors LLC now owns 791,943 shares of the company’s stock worth $75,488,000 after buying an additional 8,396 shares in the last quarter. Hikari Power Ltd grew its holdings in shares of NESTLE S A/S by 2.5% during the first quarter. Hikari Power Ltd now owns 227,130 shares of the company’s stock worth $21,650,000 after buying an additional 5,640 shares in the last quarter. Hemenway Trust Co LLC boosted its position in NESTLE S A/S by 12.4% during the first quarter. Hemenway Trust Co LLC now owns 181,241 shares of the company’s stock valued at $17,275,000 after purchasing an additional 19,973 shares during the last quarter. Finally, Motley Fool Wealth Management LLC lifted its position in shares of NESTLE S A/S by 1.9% in the first quarter. Motley Fool Wealth Management LLC now owns 123,332 shares of the company’s stock valued at $11,756,000 after buying an additional 2,327 shares during the last quarter. 1.35% of the stock is currently owned by institutional investors.

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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Analyst Recommendations for NESTLE S A/S (OTCMKTS:NSRGY)

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