Nestle SA (NASDAQ:NSRGY) was upgraded by Zacks Investment Research from a “sell” rating to a “hold” rating in a research note issued on Tuesday.

According to Zacks, “Nestle is the world’s #1 food company and the world leader in coffee (Nescafe), mineral water (Perrier), and ophthalmology products. Among its more than 8,500 products are Alpo dog food, Baby Ruth and Butterfinger candy bars, Carnation evaporated and condensed milk, Coffee-Mate coffee creamer, Kix breakfast cereals, Nestle Quik chocolate drink mix, Stouffer’s frozen dinners, and Toll House morsels. “

Shares of Nestle SA (NASDAQ:NSRGY) opened at 67.60 on Tuesday. The firm has a 50-day moving average of $71.99 and a 200 day moving average of $76.34. The firm has a market cap of $208.55 billion and a P/E ratio of 24.51. Nestle SA has a 12 month low of $66.40 and a 12 month high of $83.25.

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Nestle SA Company Profile

Nestle SA is a nutrition, health and wellness company. The Company’s segments are Zone Europe, Middle East and North Africa (EMENA); Zone Americas (AMS); Zone Asia, Oceania and sub-Saharan Africa (AOA); Nestle Waters; Nestle Nutrition, and Other Businesses. The Company’s product categories include powered and liquid beverages; water; milk products and ice cream; nutrition and health science; confectionery, and PetCare.

5 Day Chart for NASDAQ:NSRGY

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