Nestle : Reassuring 2025 targets
>2025 targets that reinforce the core holding status - Outperform rating maintained with a target price of CHF 117. With a P/E 2023e of 22x, we continue to see Nestlé as a core holding at a reasonable price compared with peers such as PepsiCo. The discount to its US peers (PepsiCo, P&G at 25x FY 2023e).This morning’s announcements on the 2022-2025 targets are reassuring, notably on the potential for a recovery in the underlying operating margin and should prompt ...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.
Unfortunately, this report is not available for the investor type or country you selected.
Browse all ResearchPool reportsReport is subscription only.
Thank you, your report is ready.
Thank you, your report is ready.