Shares of NESTLE S A/S (OTCMKTS:NSRGY) hit a new 52-week high during mid-day trading on Thursday . The company traded as high as $108.90 and last traded at $102.76, with a volume of 245303 shares traded. The stock had previously closed at $102.69.
A number of equities analysts have weighed in on the company. HSBC assumed coverage on NESTLE S A/S in a research note on Thursday. They set a “hold” rating for the company. Zacks Investment Research lowered NESTLE S A/S from a “buy” rating to a “sell” rating in a research note on Thursday, June 6th. Bank of America assumed coverage on NESTLE S A/S in a research note on Friday, April 5th. They set a “buy” rating for the company. Finally, Barclays assumed coverage on NESTLE S A/S in a research note on Wednesday, April 10th. They set an “overweight” rating for the company. Five equities research analysts have rated the stock with a hold rating and eight have assigned a buy rating to the company. The stock has an average rating of “Buy” and a consensus target price of $107.00.
The company has a debt-to-equity ratio of 0.44, a quick ratio of 0.74 and a current ratio of 0.95. The firm’s 50 day moving average price is $100.42. The firm has a market cap of $314.45 billion, a PE ratio of 30.68, a PEG ratio of 2.64 and a beta of 0.47.
NESTLE S A/S Company Profile (OTCMKTS:NSRGY)
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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