date:Feb 14, 2014
nd possibly Danone.
Shares in Nestle, which had risen almost 3 percent this year, were down 1.8 percent at 1117 GMT, lagging a 1 percent fall in a European food sector index.
They are trading at about 18.9 times forward earnings - a premium to Danone at 17.4 times and Unilever at 17.2.
While today's results may disappoint some investors, we continue to view Nestle as an attractive investment in the current challenging environment, Bank of America Merrill Lynch analysts said, adding Nestle rem