Kepler Capital Markets reissued their buy rating on shares of Nestle (OTCMKTS:NSRGF) in a research report report published on Monday, AnalystRatings.com reports.
OTCMKTS NSRGF opened at $98.18 on Monday. The stock has a 50-day moving average of $104.99 and a two-hundred day moving average of $106.50. Nestle has a 1-year low of $84.20 and a 1-year high of $114.93.
An institutional investor recently bought a new position in Nestle stock. Stonebridge Financial Planning Group LLC bought a new stake in Nestle SA (OTCMKTS:NSRGF) in the 4th quarter, according to its most recent disclosure with the SEC. The fund bought 250 shares of the company’s stock, valued at approximately $27,000.
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.
Recommended Story: How to build a Fibonacci channel
Receive News & Ratings for Nestle Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Nestle and related companies with MarketBeat.com's FREE daily email newsletter.