A number of other research analysts have also recently weighed in on the stock. Morgan Stanley reiterated an “overweight” rating on shares of NESTLE S A/S in a research note on Tuesday, April 7th. UBS Group reiterated a “buy” rating on shares of NESTLE S A/S in a research note on Wednesday, April 29th. Societe Generale restated a “buy” rating on shares of NESTLE S A/S in a research note on Thursday, June 4th. JPMorgan Chase & Co. restated an “overweight” rating on shares of NESTLE S A/S in a research note on Tuesday, May 5th. Finally, Zacks Investment Research cut shares of NESTLE S A/S from a “buy” rating to a “hold” rating in a research note on Wednesday, July 1st. Two analysts have rated the stock with a sell rating, five have given a hold rating and six have given a buy rating to the stock. The company presently has an average rating of “Hold”.
NSRGY opened at $117.85 on Friday. The company has a quick ratio of 0.63, a current ratio of 0.86 and a debt-to-equity ratio of 0.44. The stock has a market cap of $339.41 billion, a price-to-earnings ratio of 26.54, a PEG ratio of 5.02 and a beta of 0.35. NESTLE S A/S has a twelve month low of $88.00 and a twelve month high of $121.75. The company’s 50-day moving average price is $113.38 and its two-hundred day moving average price is $108.36.
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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