|
04 Oct 2025 |
Nestle
|
Consensus Share Price Target
|
1169.90 |
1212.08 |
- |
3.61 |
hold
|
|
|
|
|
25 Oct 2023
|
Nestle
|
Prabhudas Lilladhar
|
1169.90
|
25471.00
|
24262.70
(-95.18%)
|
Target met |
Accumulate
|
|
|
|
|
20 Oct 2023
|
Nestle
|
SMC online
|
1169.90
|
|
24279.70
(-95.18%)
|
Pre-Bonus/ Split |
Results Update
|
|
|
|
|
20 Oct 2023
|
Nestle
|
ICICI Securities Limited
|
1169.90
|
26000.00
|
24132.35
(-95.15%)
|
Target met |
Accumulate
|
|
|
Nestle’s revenue growth of 10% YoY is healthy and ~21-22% YoY growth in EBITDA/PAT is even stronger, driven by price retention benefits given stability in the raw material price (especially milk - report). Revenue growth was strong across key segments driven by (1) deeper penetration in RURBAN (lower-tier towns and villages (report), (2) a portfolio which is better insulated to market slowdown.
|
|
19 Oct 2023
|
Nestle
|
BOB Capital Markets Ltd.
|
1169.90
|
28260.00
|
24132.35
(-95.15%)
|
Pre-Bonus/ Split |
Buy
|
|
|
Domestic business posted double-digit growth in Q3 with continued margin expansion
|
|
02 Sep 2023
|
Nestle
|
Axis Direct
|
1169.90
|
24100.00
|
21915.55
(-94.66%)
|
Target met |
Buy
|
|
|
We recommend a BUY rating on the stock with a near-term TP of Rs 24,100, implying an upside of 10% from the CMP.
|
|
28 Jul 2023
|
Nestle
|
BOB Capital Markets Ltd.
|
1169.90
|
26430.00
|
22480.90
(-94.80%)
|
Target met |
Buy
|
|
|
Q2 revenue up 15% YoY led by strong growth across categories and geographies; margins remained healthy
|
|
28 Jul 2023
|
Nestle
|
Axis Direct
|
1169.90
|
24600.00
|
22480.90
(-94.80%)
|
Target met |
Buy
|
|
|
Recommendation: With an 10% upside potential from the CMP, we maintain our BUY rating on the stock.
|
|
28 Jul 2023
|
Nestle
|
SMC online
|
1169.90
|
|
22480.90
(-94.80%)
|
Pre-Bonus/ Split |
Results Update
|
|
|
|
|
27 Jul 2023
|
Nestle
|
ICICI Securities Limited
|
1169.90
|
24500.00
|
22325.30
(-94.76%)
|
Target met |
Accumulate
|
|
|
Nestle’s revenue growth of 15% YoY in Q2CY23 was largely in line with our estimates. Double-digit growth across segments for fifth consecutive quarter was driven by (1) deeper distribution expansion in lower-tier towns and villages (see our report), (2) strong performance in mega and metro cities, and (3) a portfolio which is better insulated to overall market slowdown.
|
|
27 Jul 2023
|
Nestle
|
Prabhudas Lilladhar
|
1169.90
|
23585.00
|
22325.30
(-94.76%)
|
Target met |
Accumulate
|
|
|
|