Nestle : Q2 and H1 give credit to the reassuring guidance for 2020
>Numbers that should support the status of defensive stock while also reflecting resilient growth - Buy rating maintained with a TP of CHF118. The stock should react well to these numbers in trading: it has held up well since the crisis and fulfilled its status as a safe haven. But the H1 results and Q2 revenue show that the group’s resilient and profitable growth model is firmly entrenched thanks to a high degree of operational diversification and an improvement in i...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.
Oddo Securities provides securities brokerage and research services. The company offers equity, economic, and derivatives research and credit analysis services. It focuses on insurance, automotive, building materials, pharmaceuticals, telecommunications, information technology, and agri-food industries.
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