Latest news with #OlivierNicolai
Business Insider
5 days ago
- Business
- Business Insider
Diageo upgraded to Neutral from Sell at Goldman Sachs
Goldman Sachs analyst Olivier Nicolai upgraded Diageo (DEO) to Neutral from Sell with a 2,000 GBp price target The firm sees limited downside risk in FY26, as new management steps up cost saving to support best-in-class margins and stabilize earnings, albeit visibility remains low an the outlook is based on a H2 recovery. Cost savings should support margins in FY26, although the top line needs to improve from FY27 for margin progression to continue, the analyst says, adding that the firm expects a positive step-up in free cash flow. Elevate Your Investing Strategy: Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.
Business Insider
26-07-2025
- Business
- Business Insider
Goldman Sachs Remains a Buy on Nestlé SA (NSRGF)
In a report released yesterday, Olivier Nicolai from Goldman Sachs reiterated a Buy rating on Nestlé SA, with a price target of CHF92.00. The company's shares closed yesterday at $90.99. Elevate Your Investing Strategy: Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence. Nicolai covers the Consumer Defensive sector, focusing on stocks such as Nestlé SA, Reckitt, and Diageo. According to TipRanks, Nicolai has an average return of 3.9% and a 53.89% success rate on recommended stocks. In addition to Goldman Sachs, Nestlé SA also received a Buy from DZ BANK AG's Axel Herlinghaus in a report issued on July 24. However, yesterday, Barclays maintained a Hold rating on Nestlé SA (Other OTC: NSRGF). Based on Nestlé SA's latest earnings release for the quarter ending December 31, the company reported a quarterly revenue of $46.49 billion and a net profit of $5.24 billion. In comparison, last year the company earned a revenue of $46.71 billion and had a net profit of $5.56 billion Based on the recent corporate insider activity of 10 insiders, corporate insider sentiment is positive on the stock. This means that over the past quarter there has been an increase of insiders buying their shares of NSRGF in relation to earlier this year.
