- Bob Harris The International Bank Of Bob: Connecting Our Worlds One $25 Kiva Loan At A TimeBinding : Gebundene Ausgabe, Label : Frank R Walker Co (Il), Publisher : Frank R Walker Co (Il), NumberOfItems : 1, medium : Gebundene Ausgabe, numberOfPages : 400, publicationDate : 2013-03-05, authors : Bob Harris, languages : english, ISBN : 0802777511
Manuel Schleifer, an analyst at Raiffeisen Bank International AG, takes the shares of the food company Nestlé SA (ISIN: CH0038863350, WKN: A0Q4DC, ticker symbol: NESR, SIX Swiss Ex: NESN, Nasdaq OTC symbol: NSRGF) in a current share analysis the magnifying glass.
The food producer’s profit is weaker than expected, but it is emphasized that the global pandemic has been mastered well and that it has been able to adapt quickly to changed consumer behavior.
The Swiss group gave a strong sign of life with its latest sales report. Although the bar was set high thanks to the hamster purchases in the same period of 2020, Nestlé was able to increase sales by 7.7% in Q1 2021. In absolute terms, sales of CHF 21.1 billion were posted for the first three months of this year. The drivers were above all the coffee business, but also dairy products. From a regional perspective, Asia stands out, with growth rates in China being particularly high.
The group sees its outlook for the full year 2021 as confirmed and continues to expect organic sales growth towards a mid-single-digit percentage.
The last recommendation to Nestlé was « Hold », according to Manuel Schleifer, an analyst at Raiffeisen Bank International AG. (Analysis from April 22nd, 2021)
Please also note the information on the disclosure obligation in the event of conflicts of interest within the meaning of Directive 2014/57 / EU and corresponding EU regulations for the aforementioned analyst firm:
7. The analyst responsible or another natural person involved in the preparation of the financial analysis owns financial instruments from the issuer he is analyzing.
Disclosure of circumstances and interests that could jeopardize the objectivity of RBI: www.raiffeisenresearch.com/disclosuresobjectivity
Stock exchanges Nestlé share:
L&S share price Nestlé share:
99,10 EUR +2,80% (22.04.2021, 14:50)
SIX Swiss Exchange share price Nestlé share:
110,30 CHF +3,14% (22.04.2021, 14:35)
WKN Nestlé Share:
Ticker symbol Nestlé share:
SIX Swiss Exchange-Ticker-Symbol Nestlé-Aktie:
Nasdaq OTC Ticker-Symbol Nestlé-Aktie:
Kurzprofil Nestlé SA:
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 best-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 tests the health benefits of its products in the field of sports nutrition in the company’s own high-tech center in Lausanne. Here Nestlé Health Science is working on the development of special foods that are supposed to help with diabetes, cardiovascular complaints and Alzheimer’s. The company has manufacturing facilities all over the world. (04/22/2021 / 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.