BOB Capital Markets has upgraded Nestle India to BUY from HOLD with a target price of Rs 1,755, implying about 38% upside from the Rs 1,276 close on October 15, 2026.
Geojit Investments has reaffirmed its BUY recommendation on Nestlé India Ltd, raising its target price to Rs 1,470, citing resilient brand strength, consistent volume growth, and a strong pipeline
Morningstar has maintained a Buy recommendation for Nestlé SA ADR (NSRGY), citing its wide economic moat, robust financials, and potential for margin expansion as reasons for optimism.
Indian stocks markets closed at the highest level ever for major indices as global sentiment looks strong after US Federal Reserve paused interest rate hikes in the recent policy meeting.