Nestlé S.A. (OTCMKTS:NSRGY) Receives Consensus Rating of "Hold" from Analysts

Nestlé S.A. (OTCMKTS:NSRGY - Get Free Report) has been given a consensus rating of "Hold" by the eleven research firms that are currently covering the company, Marketbeat reports. Two research analysts have rated the stock with a sell recommendation, eight have given a hold recommendation and one has issued a strong buy recommendation on the company. The average 12 month price target among brokerages that have updated their coverage on the stock in the last year is $91.00.

A number of brokerages have weighed in on NSRGY. Jefferies Financial Group cut shares of Nestlé from a "hold" rating to an "underperform" rating in a report on Wednesday, January 8th. Morgan Stanley cut shares of Nestlé from an "equal weight" rating to an "underweight" rating and set a $91.00 target price on the stock. in a report on Friday, April 4th. Royal Bank of Canada lowered Nestlé from an "outperform" rating to a "sector perform" rating in a report on Friday, March 21st. Finally, BNP Paribas downgraded Nestlé from a "strong-buy" rating to a "hold" rating in a report on Tuesday, April 15th.

Institutional Inflows and Outflows

Institutional investors and hedge funds have recently bought and sold shares of the company. Ameriflex Group Inc. acquired a new stake in shares of Nestlé in the fourth quarter worth $26,000. Core Alternative Capital bought a new stake in Nestlé in the 1st quarter valued at $29,000. Flagship Wealth Advisors LLC acquired a new position in shares of Nestlé in the 4th quarter valued at $33,000. Thompson Investment Management Inc. bought a new position in shares of Nestlé during the 4th quarter worth about $33,000. Finally, Kohmann Bosshard Financial Services LLC acquired a new stake in shares of Nestlé during the 4th quarter valued at about $45,000. Hedge funds and other institutional investors own 0.61% of the company's stock.

Nestlé Stock Up 0.0 %

Shares of OTCMKTS NSRGY opened at $106.91 on Thursday. The business has a 50 day simple moving average of $103.00 and a 200-day simple moving average of $92.72. Nestlé has a twelve month low of $80.11 and a twelve month high of $110.46. The company has a current ratio of 0.85, a quick ratio of 0.52 and a debt-to-equity ratio of 1.63.

About Nestlé

Nestlé SA, together with its subsidiaries, operates as a food and beverage company. The company operates through Zone North America; Zone Europe; Zone Asia, Oceania, and Africa; Zone Latin America; Zone Greater China; Nespresso; and Nestlé Health Science segments. It offers baby foods under the Cerelac, Gerber, Nido, and NaturNes brands; bottled water under the Nestlé Pure Life, Perrier, Vittel, Buxton, Erikli, and S.Pellegrino brands; cereals under the Fitness, Nesquik, cheerios, and Lion Cereals brands; and chocolate and confectionery products under the KitKat, Smarties, Aero, Nestlé Les Recettes de l'Atelier, Milkybar, Baci Perugina, Quality Street, and Fitness brands.

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