Kepler Capital Markets reissued their buy rating on shares of Nestle (OTCMKTS:NSRGF) in a research note released on Monday, reports.

NSRGF opened at $98.18 on Monday. Nestle has a 52 week low of $84.20 and a 52 week high of $114.93. The business has a 50 day moving average price of $104.99 and a two-hundred day moving average price of $106.50.

An institutional investor recently bought a new position in Nestle stock. Stonebridge Financial Planning Group LLC purchased a new position in shares of Nestle SA (OTCMKTS:NSRGF) in the 4th quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm purchased 250 shares of the company’s stock, valued at approximately $27,000.

About Nestle

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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