29-06-2025
Citi Reaffirms Their Hold Rating on Nestlé SA (NSRGF)
Citi analyst Cedric Besnard maintained a Hold rating on Nestlé SA (NSRGF – Research Report) on June 27 and set a price target of CHF90.00. The company's shares closed last Friday at $99.49.
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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.
