Analysts Offer Insights on Consumer Goods Companies: Nestlé SA (Other OTC: NSRGF) and Diageo (Other OTC: DGEAF)

By Carrie Williams

Companies in the Consumer Goods sector have received a lot of coverage today as analysts weigh in on Nestlé SA (NSRGFResearch Report) and Diageo (DGEAFResearch Report).

Nestlé SA (NSRGF)

In a report released today, Martin Deboo from Jefferies maintained a Hold rating on Nestlé SA, with a price target of CHF102.00. The company’s shares closed last Friday at $109.63.

Deboo has an average return of 9.5% when recommending Nestlé SA.

According to TipRanks.com, Deboo is ranked #4123 out of 7331 analysts.

The word on The Street in general, suggests a Moderate Buy analyst consensus rating for Nestlé SA with a $126.82 average price target, a 10.5% upside from current levels. In a report issued on February 12, Credit Suisse also maintained a Hold rating on the stock with a CHF105.00 price target.

See today’s analyst top recommended stocks >>

Diageo (DGEAF)

Goldman Sachs analyst Olivier Nicolai maintained a Buy rating on Diageo today. The company’s shares closed last Friday at $42.62, close to its 52-week high of $43.07.

Nicolai has an average return of 19.8% when recommending Diageo.

According to TipRanks.com, Nicolai is ranked #3134 out of 7331 analysts.

The word on The Street in general, suggests a Moderate Buy analyst consensus rating for Diageo with a $45.63 average price target.

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