Deutsche Bank Maintains Their Hold Rating on Nestlé SA (NSRGF)

Deutsche Bank analyst Tom Sykes maintained a Hold rating on Nestlé SA (NSRGFResearch Report) today and set a price target of CHF115.00. The company’s shares closed last Tuesday at $116.92.

According to TipRanks.com, Sykes is ranked #3926 out of 7491 analysts.

Nestlé SA has an analyst consensus of Strong Buy, with a price target consensus of $131.08, which is a 9.4% upside from current levels. In a report issued on April 20, Credit Suisse also maintained a Hold rating on the stock with a CHF105.00 price target.

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The company has a one-year high of $124.25 and a one-year low of $102.80. Currently, Nestlé SA has an average volume of 19.15K.

Based on the recent corporate insider activity of 22 insiders, corporate insider sentiment is neutral on the stock.

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Nestlé SA is a nutrition, health and wellness company, which engages in the manufacture, supply and production of prepared dishes and cooking aids, milk-based products, pharmaceuticals and ophthalmic goods, baby foods and cereals. The company products portfolio includes powdered and liquid beverages, water, milk products and ice cream, nutrition and health science, prepared dishes and cooking aids, confectionery, and pet care. It operates through the following segments: Zone EMENA, Zone Americas, Zone Asia, Oceania & Africa, Nestlé Waters, Nestlé Nutrition, and Other Businesses. The Other Business segment is comprised of Nespresso, Nestle Health Science and Nestle Skin Health. The company was founded by Henri Nestlé in 1866 and is headquartered in Vevey, Switzerland.