Citi Reaffirms Their Hold Rating on Nestlé SA (NSRGF)
Don't Miss TipRanks' Half Year Sale
Take advantage of TipRanks Premium for 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.
Make smarter investment decisions with TipRanks' Smart Investor Picks, delivered to your inbox every week.
Besnard covers the Consumer Defensive sector, focusing on stocks such as DANONE SA, Nestlé SA, and Tate & Lyle. According to TipRanks, Besnard has an average return of 1.0% and a 52.94% success rate on recommended stocks.
In addition to Citi, Nestlé SA also received a Hold from Exane BNP Paribas's Jeff Stent in a report issued on June 27. However, on the same day, Jefferies maintained a Sell rating on Nestlé SA (Other OTC: NSRGF).
NSRGF market cap is currently $247.8B and has a P/E ratio of 20.90.
Based on the recent corporate insider activity of 10 insiders, corporate insider sentiment is neutral on the stock.
Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles
Yahoo
4 hours ago
- Yahoo
FedEx Corporation (FDX) Battles Lawsuit Over Overtime Allegation, While Citi Maintains Bullish Outlook
Trading at a low P/E multiple with potential upside for investors, FedEx Corporation (NYSE:FDX) is among the . On July 11, 2025, Bloomberg reported that FedEx Corporation (NYSE:FDX) is facing a new class action lawsuit filed in the U.S. District Court for the Northern District of Illinois. The lawsuit allegedly accuses the company of violating Illinois wage laws as it fails to pay overtime. Meanwhile, on the previous day, Citi maintained a 'Buy' rating on FedEx Corporation (NYSE:FDX), setting its price target at $278, which is significantly higher than the company's current price of $226.62, as of the time of writing. This comes ahead of the company's announcement of the opening of a new 38,000-square-foot logistics facility in Manchester, U.K. This facility, located near Manchester Airport, boasts advanced sorting and security technologies, enhancing operational efficiency and service quality. The facility's opening, announced by the company on July 16, 2025, underscores FDX's ongoing international infrastructure investment to support trade and growth as it navigates legal challenges. FedEx Corporation (NYSE:FDX) offers transportation, e-commerce, and business services globally with its FedEx Express, FedEx Ground, FedEx Freight, and FedEx Services segments. It is on the list of cheap transportation stocks. While we acknowledge the potential of FDX as an investment, we believe certain AI stocks offer greater upside potential and carry less downside risk. If you're looking for an extremely undervalued AI stock that also stands to benefit significantly from Trump-era tariffs and the onshoring trend, see our free report on the best short-term AI stock. READ NEXT: Billionaire Kerr Neilson's 10 Stock Picks with Huge Upside Potential and . Disclosure: None. Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Yahoo
4 hours ago
- Yahoo
Foreign investors buy nearly 100 billion euros of euro zone bonds in May, Citi says
By Yoruk Bahceli LONDON (Reuters) -Euro zone bonds saw nearly 100 billion euros ($116.4 billion) of buying from outside the bloc in May, Citi said citing European Central Bank data, the latest sign that euro assets are benefitting from a shift away from U.S. markets. The 97 billion euros of net inflows into euro zone bonds with maturities longer than one year was the largest on a monthly basis since at least 2014, Citi said, pointing to portfolio flow data from the ECB. "This could potentially be due to substitution out of dollar assets," the bank's analysts said in a note to clients on Monday. Allocation away from U.S. to European assets has been a big theme across financial markets in 2025, so investors are looking for data indicating to what extent such a move is taking shape. U.S. President Donald Trump's confrontations with longstanding allies over trade and security, along with attacks on the Federal Reserve, have raised concerns around the safe-haven status of U.S. Treasuries this year. Euro zone bonds have traded more steadily, boosting their appeal to investors as an asset perceived to be safe. U.S. 30-year yields are up 40 basis points since April 2, when Trump announced his "Liberation Day" tariffs, while German equivalents are up fewer than 20 basis points. Citi however noted the May inflows followed 12 billion euros of foreign investor outflows from the bloc's debt in April, which they said could be explained by broad de-risking in the wake of Liberation Day. "All in, therefore, we would watch out for the June data, released on 18th August, to draw any conclusions," the analysts said. ($1 = 0.8592 euros) Effettua l'accesso per consultare il tuo portafoglio
Business Insider
4 hours ago
- Business Insider
Barclays Sticks to Its Buy Rating for MasTec (MTZ)
Barclays analyst Adam Seiden maintained a Buy rating on MasTec on July 18 and set a price target of $200.00. The company's shares closed last Friday at $177.67. Elevate Your Investing Strategy: Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence. Make smarter investment decisions with TipRanks' Smart Investor Picks, delivered to your inbox every week. According to TipRanks, Seiden is a 5-star analyst with an average return of 11.1% and a 61.66% success rate. Seiden covers the Industrials sector, focusing on stocks such as MasTec, Caterpillar, and CNH Industrial. In addition to Barclays, MasTec also received a Buy from UBS's Steven Fisher in a report issued yesterday. However, on July 17, Robert W. Baird maintained a Hold rating on MasTec (NYSE: MTZ). The company has a one-year high of $178.93 and a one-year low of $89.96. Currently, MasTec has an average volume of 840K. Based on the recent corporate insider activity of 64 insiders, corporate insider sentiment is negative on the stock. This means that over the past quarter there has been an increase of insiders selling their shares of MTZ in relation to earlier this year. Most recently, in May 2025, Robert C. Campbell, a Director at MTZ sold 5,000.00 shares for a total of $771,670.00.
