Zacks Investment Research upgraded shares of Nestle SA (NASDAQ:NSRGY) from a sell rating to a hold rating in a report published on Tuesday.

According to Zacks, “Nestle is the world’s #1 food company and the world leader in coffee (Nescafe), mineral water (Perrier), and ophthalmology products. Among its more than 8,500 products are Alpo dog food, Baby Ruth and Butterfinger candy bars, Carnation evaporated and condensed milk, Coffee-Mate coffee creamer, Kix breakfast cereals, Nestle Quik chocolate drink mix, Stouffer’s frozen dinners, and Toll House morsels. “

Shares of Nestle SA (NASDAQ:NSRGY) opened at 67.615 on Tuesday. The stock has a 50 day moving average price of $0.00 and a 200 day moving average price of $0.00. Nestle SA has a 12 month low of $66.40 and a 12 month high of $83.25.

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About Nestle SA

Nestle SA is a nutrition, health and wellness company. The Company’s segments are Zone Europe, Middle East and North Africa (EMENA); Zone Americas (AMS); Zone Asia, Oceania and sub-Saharan Africa (AOA); Nestle Waters; Nestle Nutrition, and Other Businesses. The Company’s product categories include powered and liquid beverages; water; milk products and ice cream; nutrition and health science; confectionery, and PetCare.

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