Andreas Deutsch from the investor magazine « The Shareholder » takes the share of the food company Nestlé S.A. (ISIN: CH0038863350, WKN: A0Q4DC, ticker symbol: NESR, SIX Swiss Ex: NESN, Nasdaq OTC symbol: NSRGF) under the magnifying glass.
The Swiss food giant is planning to separate some local water brands in China, according to a press report. Nestlé has confirmed to CNN that options for the water business are being examined, including a possible sale.
Nestlé is pushing ahead with the corporate restructuring. CEO Mark Schneider wanted to make the group leaner, concentrate on a few, high-margin and high-growth brands and products. The Swiss are on the right track here. The Nestlé share is on the verge of cracking resistance in the CHF 100 range. After that, there was only one resistance: the record high of CHF 104.83. « The shareholder » remains bullish for its long-term recommendation, according to Andreas Deutsch from the investor magazine « The Shareholder » in a current stock analysis. (Analysis from July 22nd, 2020)
(With material from dpa-AFX)
Please also note information on the obligation to disclose in the event of a conflict of interest within the meaning of Directive 2014/57 / EU and corresponding EU regulations under the following link.
Stock exchanges Nestlé shares:
SIX Swiss Exchange share price Nestlé share:
108.04 CHF -0.30% (Apr 24, 2020, 9:25 AM)
LT Lang & Schwarz share price Nestlé share:
100.34 CHF + 0.68% (Apr 24, 2020, 9:39 AM)
ISIN Nestlé share:
WKN Nestlé share:
Ticker symbol Nestlé share:
SIX Swiss Exchange ticker symbol Nestlé share:
Nasdaq OTC ticker symbol Nestlé share:
Brief profile of Nestlé S.A .:
Nestlé (ISIN: CH0038863350, WKN: A0Q4DC, ticker symbol: NESR, SIX Swiss Ex: NESN, Nasdaq OTC symbol: NSRGF) is the world’s largest food manufacturer and the recognized number one in nutrition, health and wellbeing. Nestlé products are available all over the world. In addition to frozen products, various beverages (coffee, tea, mineral water, etc.), dairy products and confectionery, pharmaceutical products, special foods and products for pets are also manufactured. The group’s most well-known brands include Nescafé, Nesquik, Maggi, Thomy, KitKat, Buitoni, LC1, Smarties and many more.
With the takeover of Pfizer’s baby food division in 2012, the group is also active in this area. In addition, Nestlé is testing the health benefits of its products in the sports nutrition area of the company’s high-tech center in Lausanne. Here Nestlé Health Science works on the development of special foods to help with diabetes, cardiovascular complaints or Alzheimer’s. The company has manufacturing facilities around the world. (22.07.2020 / ac / a / a)
Disclosure of possible conflicts of interest:
You can view possible conflicts of interest on the site of the creator / source of the analysis.