ubs rates nestle neutral with target price of 91 francs

Nestlé S.A., the world's largest food group, has been given a 'Neutral' rating by UBS, with a target price of 91 francs.

Nestlé's product range includes beverages, which make up 26.7% of sales and feature popular brands such as Nescafé and Nespresso. The company also has a significant presence in pet food (20.3%), pharmaceuticals, nutritional, and well-being products (16.4%), prepared meals and condiments (12.5%), dairy products and ice creams (11.8%), chocolate and confectionery (8.7%), and bottled mineral water (3.6%).

In terms of geographical sales distribution, North America accounts for 35% of total sales, followed by Asia and Oceania at 21.4%, and Latin America at 13.7%. Nestlé also has a strong presence in Europe, with Switzerland, France, the United Kingdom, Germany, and other regions contributing to its global footprint.

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