Free Trial

Nestlé (NSRGY) Stock Forecast & Price Target

$106.60
+1.63 (+1.55%)
(As of 07/22/2024 ET)

Nestlé - Analysts' Recommendations and Stock Price Forecast (2024)

MarketBeat calculates consensus analyst ratings for stocks using the most recent rating from each Wall Street analyst that has rated a stock within the last twelve months. Each analyst's rating is normalized to a standardized rating score of 1 (sell), 2 (hold), 3 (buy) or 4 (strong buy). Analyst consensus ratings scores are calculated using the mean average of the number of normalized sell, hold, buy and strong buy ratings from Wall Street analysts. Each stock's consensus analyst rating is derived from its calculated consensus ratings score (0 to .5 = Strong Sell, .5 to 1 = Sell, 1 to 1.5 = Reduce, 1.5 to 2.5 = Hold, 2.5 to 3.0 = Moderate Buy, 3.0 to 3.5 = Buy, >3.5 = Strong Buy). MarketBeat's consensus price targets are a mean average of the most recent available price targets set by each analyst that has set a price target for the stock in the last twelve months. MarketBeat's consensus ratings and consensus price targets may differ from those calculated by other firms due to differences in methodology and available data.

Consensus Rating

Based on 6 Wall Street analysts who have issued ratings for Nestlé in the last 12 months, the stock has a consensus rating of "Reduce." Out of the 6 analysts, 2 have given a sell rating, 3 have given a hold rating, and 1 has given a buy rating for NSRGY.

Consensus Price Target

N/A

According to the 6 analysts' twelve-month price targets for Nestlé,

TypeCurrent Forecast
7/24/23 to 7/23/24
1 Month Ago
6/24/23 to 6/23/24
3 Months Ago
4/25/23 to 4/24/24
1 Year Ago
7/24/22 to 7/24/23
Consensus Rating
Reduce
Reduce
Reduce
Hold
Strong Buy
0 Strong Buy rating(s)
0 Strong Buy rating(s)
0 Strong Buy rating(s)
0 Strong Buy rating(s)
Buy
1 Buy rating(s)
1 Buy rating(s)
1 Buy rating(s)
3 Buy rating(s)
Hold
3 Hold rating(s)
3 Hold rating(s)
2 Hold rating(s)
5 Hold rating(s)
Sell
2 Sell rating(s)
2 Sell rating(s)
2 Sell rating(s)
2 Sell rating(s)
Consensus Price TargetN/AN/A$153.00$124.00
Forecasted UpsideN/AN/A26.57% Upside10.11% Upside
Get Nestlé Upgrade and Downgrade Alerts

Sign-up to receive the latest news and ratings for NSRGY and its competitors with MarketBeat's FREE daily newsletter.

NSRGY Analyst Recommendations By Month

The chart below shows how a company's ratings by analysts have changed over time. Each bar represents the previous year of ratings for that month. Within each bar, the sell ratings are shown in red, the hold ratings are shown in yellow, the buy ratings are shown in green, and the strong buy ratings are shown in dark green.
Skip Chart & View Analyst Rating History

NSRGY Price Targets by Month

The chart below shows how a company's share price and consensus price target have changed over time. The dark blue line represents the company's actual price. The lighter blue line represents the stock's consensus price target. The even lighter blue range in the background of the two lines represents the low price target and the high price target for each stock.
Skip Chart and View Analyst Price Target HistorySkip Chart & View Price History Table

Nestlé Stock vs. The Competition

TypeNestléConsumer Staples CompaniesS&P 500
Consensus Rating Score
1.83
2.44
2.51
Consensus RatingReduceHoldModerate Buy
Predicted Upside711.26% Upside9.25% Upside
News Sentiment RatingNeutral News
Positive News
Positive News
DateBrokerageAnalyst NameActionRatingPrice TargetUpside/Downside on Report DateDetails
5/23/2024JPMorgan Chase & Co.
3 of 5 stars
 DowngradeOverweight ➝ Neutral
2/27/2024Royal Bank of Canada
4 of 5 stars
 UpgradeUnderperform ➝ Sector Perform
1/9/2024BNP Paribas
3 of 5 stars
 DowngradeNeutral ➝ Underperform
12/11/2023Jefferies Financial Group
Subscribe to MarketBeat All Access for the recommendation accuracy rating
 DowngradeHold ➝ Underperform
9/11/2023Societe Generale
Subscribe to MarketBeat All Access for the recommendation accuracy rating
 UpgradeSell ➝ Hold
8/2/2023HSBC
Subscribe to MarketBeat All Access for the recommendation accuracy rating
 UpgradeHold ➝ Buy
6/22/2023Morgan Stanley
Subscribe to MarketBeat All Access for the recommendation accuracy rating
 Boost Target$152.00 ➝ $153.00+26.57%
1/12/2023Deutsche Bank Aktiengesellschaft
Subscribe to MarketBeat All Access for the recommendation accuracy rating
 UpgradeHold ➝ Buy
10/25/2022Berenberg Bank
Subscribe to MarketBeat All Access for the recommendation accuracy rating
 Lower TargetBuy ➝ BuyCHF 130 ➝ CHF 126
10/21/2022Credit Suisse Group
Subscribe to MarketBeat All Access for the recommendation accuracy rating
 Lower TargetNeutral ➝ NeutralCHF 126 ➝ CHF 115
9/14/2022Exane BNP Paribas
Subscribe to MarketBeat All Access for the recommendation accuracy rating
 DowngradeOutperform ➝ Neutral
8/1/2022UBS Group
Subscribe to MarketBeat All Access for the recommendation accuracy rating
Guillaume Delmas
Subscribe to MarketBeat All Access for the recommendation accuracy rating
Boost TargetCHF 140 ➝ CHF 142

Analyst ratings data on MarketBeat is provided by Benzinga and other data providers. This page was last refreshed on Tuesday at 01:38 PM ET.

NSRGY Forecast - Frequently Asked Questions

Should I buy or sell Nestlé stock right now?

6 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Nestlé in the last twelve months. There are currently 2 sell ratings, 3 hold ratings and 1 buy rating for the stock. The consensus among Wall Street research analysts is that investors should "reduce" NSRGY shares.

Has Nestlé been downgraded by Wall Street analysts recently?

Over the previous 90 days, Nestlé's stock had 1 downgrade by analysts.

What analysts cover Nestlé?

Nestlé has been rated by research analysts at JPMorgan Chase & Co. in the past 90 days.

Do Wall Street analysts like Nestlé more than its competitors?

Analysts like Nestlé less than other "consumer staples" companies. The consensus rating for Nestlé is Reduce while the average consensus rating for "consumer staples" companies is Hold. Learn more on how NSRGY compares to other companies.


This page (OTCMKTS:NSRGY) was last updated on 7/23/2024 by MarketBeat.com Staff

From Our Partners