Nestle S.A.

Nestle is a holding company which is based in Switzerland. Through its subsidiaries and allied companies, Co. is engaged in the food processing industry. Co.'s product portfolio has seven categories, Powder and Liquid Beverages, Nutritional and Health Science, Milk products and ice cream, Prepared dishes and cooking aids, PetCare, Confectionery and Water.
  • TickerNESN
  • ISINCH0038863350
  • ExchangeSix Swiss Exchange
  • SectorFood Producers
  • CountrySwitzerland
Virginie Roumage

ECTOR UPDATE | Food & HPC | Diversity and healthiness

SECTOR | Food & HPC | Diversity and healthiness Nestlé: Buy vs. Neutral; FV: CHF118 vs CHF103 • Despite its strong performance over the past few months, we think the company is the best option in the food sector. Nestlé should outperform peers in the coming quarters due to its attractive profile in the current environment (made up of low exposure to emerging markets, defensive categories and a predominantly mainstream/affordable positioning) and portfolio changes to come (with potential disposals of underperforming assets). We upgrade the stock to Buy and our FV to CHF118 (CHF103 previou...

Nestlé AG: 1 director sold

A director at Nestlé AG sold 12,100 shares at 105.237CHF and the significance rating of the trade was 100/100. Is that information sufficient for you to make an investment decision? This report gives details of those trades and adds context and analysis to them such that you can judge whether these trading decisions are ones worth following. Included in the report is a detailed share price chart which plots discretionary trades by all the company's directors over the last two years clearly showing Close periods where trading activity is restricted under listing rules. The names of board me...

Christophe-Raphaël Ganet ...
  • Martial Descoutures
  • Pierre Tegner
  • Sebastien Malafosse
  • Sven Edelfelt
  • Virginie Rousseau

ODDO BHF SECURITIES MORNING NEWS – DETAILED COMMENTS 06/12/2020

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Pierre Tegner

Nestle : Refocusing of waters with a potential divestment of the regional brands in North America. What role for Danone?

>Further refocusing - Buy rating maintained. The announcement of the refocusing of the waters division on international brands with a potential sale of the local water brands in North America shows that the group is pressing on with its strategic refocusing in our view. This should help drive a further re-rating. Refocusing of waters on the premium segment and strategic review for local water brands in North America - Nestlé issued a press release yes...

Christophe-Raphaël Ganet ...
  • Martial Descoutures
  • Pierre Tegner
  • Sebastien Malafosse
  • Sven Edelfelt
  • Virginie Rousseau

ODDO BHF SECURITIES MORNING NEWS – COMMENTAIRES DETAILLES 12/06/2020

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Jérôme VINERIER

Short term view - NESTLE : Prices are still making progress.

The background trend is clearly bullish. Prices are still making progress. The following targets are at CHF 87.70 and CHF 91.40. The trend would be invalidated below the support at CHF 78.50.

Jérôme VINERIER

Analyse court terme - NESTLE : Les cours progressent toujours.

La tendance de fond est clairement orientée à la hausse. Les cours progressent toujours. Les objectifs suivants sont à 87,70 CHF et 91,40 CHF. La tendance serait invalidée sous le support à 78,50 CHF.

Matthieu DRIOL

Short term view - NESTLE : Prices are still making progress.

The background trend is clearly bullish. Prices are still making progress. The following targets are at CHF 83.76 and CHF 87.70. The trend would be invalidated below the support at CHF 78.68.

Matthieu DRIOL

Analyse court terme - NESTLE : Les cours progressent toujours.

La tendance de fond est clairement orientée à la hausse. Les cours progressent toujours. Les objectifs suivants sont à 83,76 CHF et 87,70 CHF. La tendance serait invalidée sous le support à 78,68 CHF.

Valérie GASTALDY

Medium term view - NESTLE : Prices are still making progress.

The background trend is clearly bullish. Prices are still making progress. The following targets are at CHF 83.75 and CHF 87.91. The trend would be invalidated below the support at CHF 71.22.

Virginie Roumage

Nestlé: The strike in Brazil to impact Nestlé’s Q2 sales

Nestlé: (NEUTRAL, Fair Value CHF84 (+12%)) The strike in Brazil to impact Nestlé’s Q2 sales We expect 1.6% organic sales growth in Q2. The slowdown is no surprise as Q1 (+2.8%) benefitted from the timing of Easter and the Chinese New Year. But it is more significant than anticipated due to the 10-day strike in Brazil (5% of total sales). In view of this event, we now expect sales to be up 2.6% in 2018 in organic terms (vs +2.9% previously). Consensus appears too high.

Nestlé AG: 1 director sold

A director at Nestlé AG sold 12,100 shares at 105.237CHF and the significance rating of the trade was 100/100. Is that information sufficient for you to make an investment decision? This report gives details of those trades and adds context and analysis to them such that you can judge whether these trading decisions are ones worth following. Included in the report is a detailed share price chart which plots discretionary trades by all the company's directors over the last two years clearly showing Close periods where trading activity is restricted under listing rules. The names of board me...

Virginie Roumage

ECTOR UPDATE | Food & HPC | Diversity and healthiness

SECTOR | Food & HPC | Diversity and healthiness Nestlé: Buy vs. Neutral; FV: CHF118 vs CHF103 • Despite its strong performance over the past few months, we think the company is the best option in the food sector. Nestlé should outperform peers in the coming quarters due to its attractive profile in the current environment (made up of low exposure to emerging markets, defensive categories and a predominantly mainstream/affordable positioning) and portfolio changes to come (with potential disposals of underperforming assets). We upgrade the stock to Buy and our FV to CHF118 (CHF103 previou...

Pierre Tegner

Nestle : Refocusing of waters with a potential divestment of the regional brands in North America. What role for Danone?

>Further refocusing - Buy rating maintained. The announcement of the refocusing of the waters division on international brands with a potential sale of the local water brands in North America shows that the group is pressing on with its strategic refocusing in our view. This should help drive a further re-rating. Refocusing of waters on the premium segment and strategic review for local water brands in North America - Nestlé issued a press release yes...

Pierre Tegner

Nestlé : Recentrage du Waters avec potentielle cession des marques régionales en Amérique du Nord. Quid du rôle de Danone ?

>Poursuite du recentrage - Achat maintenu. L’annonce du recentrage de la division Waters sur les marques internationales avec une sortie potentielle des marques d’eau locales en Amérique du Nord démontre, selon nous, que le recentrage stratégique du groupe se poursuit. Ceci devrait soutenir le rerating. Recentrage du Waters sur le premium et revue stratégique sur les eaux locales en Amérique du Nord - Via un communiqué, Nestlé a annoncé hier soir que ...

Pierre Tegner

ODDO : Coty professional haircare: the choice of KKR

>Agreement with KKR for a 60/40 joint venture - At its Q3 2019-20 results release (FY ends 30 June), Coty announced yesterday that it had entered into a twofold agreement with KKR: 1/ a memorandum of understanding for the sale to KKR of a 60% stake in the professional beauty and retail hair businesses (Wella, Clairol, OPI and ghd) based on an EV of $ 4.3bn. Coty will own the remaining 40% and as part of the transaction will receive nearly $ 3bn in cash. The asset...

Pierre Tegner

ODDO : Professional Haircare de Coty : le choix de KKR

>Accord avec KKR pour un JV à 60/40 - A l’occasion de la publication de ses résultats du T3 fiscal (clôture en juin), Coty a annoncé hier avoir passé un double accord avec KKR : 1/ un accord de principe pour la cession à KKR d’une participation de 60% dans l’entité de soins professionnels (Wella, Clairol, OPI et ghd) sur la base d’une VE de 4.3 Md$. Coty détiendra les 40% restants et recevra dans le cadre de cette transaction près de 3 Md$ de cash. Les actifs con...

ING
Alyssa Gammoudy ...
  • Hendrik Wiersma
  • Jeroen van den Broek
  • Nadège Tillier
  • Suvi Platerink Kosonen
  • Timothy Rahill

Coffee, Croissants & Credit/Nordic bank green bonds, Nestlé and Telefónica

Nordic bank green bonds: Fresh green bonds with value

ING
Alyssa Gammoudy ...
  • Hendrik Wiersma
  • Jeroen van den Broek
  • Nadège Tillier
  • Suvi Platerink Kosonen
  • Timothy Rahill

Coffee, Croissants & Credit/BBVA and Nestlé

Financials: BBVA considers a US$1.5bn impairment in the US. Consumers: Nestlé to sell a 60% stake of Herta to Casa Tarradellas

Anil Passi ...
  • Moritz Steinbauer
  • Rana Toukan

Nestlé Capital Canada Ltd. and Nestlé S.A.: Rating Report

DBRS Ratings Limited (DBRS Morningstar) confirmed the Issuer Rating of Nestlé S.A. (Nestlé or the Company) at AA (low) and the Commercial Paper (CP) rating of Nestlé Capital Canada Ltd. at R-1 (middle). All trends are Stable.

Moritz Steinbauer ...
  • Rana Toukan

DBRS Morningstar Confirms Nestlé S.A. and Nestlé Capital Canada Ltd. at AA (low) and R-1 (middle), with a Stable Trend

Please refer to PDF document for more detail about our research: DBRS Morningstar Confirms Nestlé S.A. and Nestlé Capital Canada Ltd. at AA (low) and R-1 (middle), with a Stable Trend

Christophe-Raphaël Ganet ...
  • Martial Descoutures
  • Pierre Tegner
  • Sebastien Malafosse
  • Sven Edelfelt
  • Virginie Rousseau

ODDO BHF SECURITIES MORNING NEWS – DETAILED COMMENTS 06/12/2020

...

Christophe-Raphaël Ganet ...
  • Martial Descoutures
  • Pierre Tegner
  • Sebastien Malafosse
  • Sven Edelfelt
  • Virginie Rousseau

ODDO BHF SECURITIES MORNING NEWS – COMMENTAIRES DETAILLES 12/06/2020

...

Alain William ...
  • Alexandre Iatrides
  • Alfred Glaser
  • Anis Zgaya
  • Christophe-Raphaël Ganet
  • Delphine Brault
  • Florent Laroche-Joubert
  • Jean Sassus
  • Louis Boujard, CFA
  • Philippe Ourpatian
  • Pierre Tegner
  • Steven Gould

ODDO BHF SECURITIES MORNING NEWS – DETAILED COMMENTS 05/12/2020

...

Alain William ...
  • Alexandre Iatrides
  • Alfred Glaser
  • Anis Zgaya
  • Christophe-Raphaël Ganet
  • Delphine Brault
  • Florent Laroche-Joubert
  • Jean Sassus
  • Louis Boujard, CFA
  • Philippe Ourpatian
  • Pierre Tegner
  • Steven Gould

ODDO BHF SECURITIES MORNING NEWS – COMMENTAIRES DETAILLES 12/05/2020

...

Ahmed Ben Salem ...
  • Benoit Valleaux
  • Bruno Cavalier
  • Florent Laroche-Joubert
  • Jean Sassus
  • Martial Descoutures
  • Olfa Taamallah
  • Pierre Tegner
  • Sebastien Malafosse
  • Steven Gould
  • Sven Edelfelt
  • Virginie Rousseau
  • Yan Derocles

ODDO BHF SECURITIES MORNING NEWS – DETAILED COMMENTS 04/27/2020

In a crisis that is set to affect the earnings and cash of spirits groups, we choose to focus on the resilience of sector leaders. We have upgraded to Buy on Diageo, which could be the best placed to offset the EBIT and cash impacts of the current crisis. We maintain our Buy rating on Pernod Ricard. We are still cautious on Rémy Cointreau but also on Campari, which could suffer from its significant on-trade exposure. - Cf. report published today. - ...

NESTLE AG sees a downgrade to Neutral on account of less fundamental stars

The independent financial analyst theScreener just lowered the general evaluation of NESTLE AG (CH), active in the Food Products industry. As regards its fundamental valuation, the title now shows 1 out of 4 stars while market behaviour can be considered defensive. theScreener believes that the title remains under pressure due to the loss of a star(s) and downgrades its general evaluation to Neutral. As of the analysis date April 17, 2020, the closing price was CHF 106.04 and its target price was estimated at CHF 91.64.

Ford Equity International Rating and Forecast Report

Ford Equity International Research Reports cover 60 countries with over 30,000 stocks traded on international exchanges. A proprietary quantitative system compares each company to its peers on proven measures of business value, growth characteristics, and investor behavior. Ford's three recommendation ratings buy, hold and sell, represent each stock’s return potential relative to its own country market.. The rating reports which are generated each week, include the fundamental details behind each recommendation and reflect the fundamental and price data as of the last trading day of the week...

Nestlé – Proxinvest Corporate Governance Rating ® : B

Proxinvest Corporate Governance Rating ® helps investors integrate governance into their investment decision and identify governance risks and opportunities within their portfolio. Proxinvest Corporate Governance Rating ® Service rates European issuers through the analysis of four main themes : Ownership & Shareholder rights, Board & Committees, Audit & Process, Remuneration. Each theme is rated taking into account several comprehensive sub-categories. Our unique two-step process to achieve each rating includes a first step quantitative valuation and a second step qualitative filter...

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