|Bid||167.00 x 6000|
|Ask||169.85 x 35000|
|Day's Range||184.25 - 186.25|
|52 Week Range||156.50 - 197.15|
|PE Ratio (TTM)||33.53|
|Dividend & Yield||3.61 (1.74%)|
|1y Target Est||N/A|
Activist investor Daniel Loeb is keeping up pressure on Nestle by sharing views with the company as part of a regular dialogue, a source familiar with the matter told Reuters. The move came just two days after the billionaire hedge fund manager urged Nestle to more aggressively improve returns as his Third Point fund revealed a $3.5 billion stake that made it Nestle's eighth-largest shareholder. Some analysts now expect Nestle to set, or at least imply, a long-term margin target at its Sept. 26 investor seminar, when new chief executive Mark Schneider will lay out his plans.
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.