|Bid||167.00 x 6000|
|Ask||169.85 x 35000|
|Day's range||187.25 - 191.00|
|52-week range||156.50 - 197.15|
|PE ratio (TTM)||34.05|
|Earnings date||27 Jul 2017|
|Dividend & yield||3.61 (1.71%)|
|1y target est||180.69|
ZURICH/LONDON, June 28 (Reuters) - Nestle's plan to shore up its capital structure, announced only days after being thrust into the spotlight by activist shareholder Third Point, was received by investors as a precursor to bigger changes under the company's new leadership. Shares (Berlin: DI6.BE - news) in the world's largest foodmaker rose as much as 2 percent on Wednesday, close to the record high touched on Monday after the New York-based hedge fund disclosed a $3.5 billion stake and urged Nestle to buy back shares, set a target for margin growth and shed non-core assets including its stake in L'Oreal. It added that the measures were the result of a review instigated at the start of the year after Mark Schneider took over as chief executive.
Rating Action: Moody's affirms Nestlé's Aa2 rating; stable outlook. Global Credit Research- 28 Jun 2017. Milan, June 28, 2017-- Moody's Investors Service has today affirmed the Aa2 issuer rating of the ...
Schneider should listen to Loeb on this one.