Nestle Fails To Hit N1,000 Per Share, Ends The Month At N888

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Nestle Nigeria Plc closed the month of February at N888, thus failing to attain the N1000 price for a stock many thought will be achieved by the company. The company released impressive results earlier in the month helping trigger a rise in its share price.

The stock opened the month of February at N790 per share and the rose to N981 the day it released its results. At N888 the current share price is still a 12% rise month to date and a 128.3% year to date return. Still the NSE 30 stock to beat.