Nestle (VTX:NESN) received a CHF 93 price objective from research analysts at Kepler Capital Markets in a report issued on Wednesday, November 22nd. The brokerage currently has a “buy” rating on the stock. Kepler Capital Markets’ price objective indicates a potential upside of 10.19% from the stock’s current price.
Other research analysts have also recently issued research reports about the stock. J P Morgan Chase & Co set a CHF 93 price target on shares of Nestle and gave the stock a “buy” rating in a research note on Wednesday, September 27th. UBS set a CHF 92 target price on shares of Nestle and gave the company a “buy” rating in a research note on Thursday, October 19th. Citigroup set a CHF 88 target price on shares of Nestle and gave the company a “buy” rating in a research note on Thursday, August 3rd. Goldman Sachs Group set a CHF 95 price target on shares of Nestle and gave the stock a “buy” rating in a research note on Wednesday, September 27th. Finally, Oddo Bhf reiterated a “buy” rating on shares of Nestle in a research note on Wednesday, September 27th. Two investment analysts have rated the stock with a sell rating, six have assigned a hold rating and eleven have given a buy rating to the company’s stock. The company has an average rating of “Hold” and an average target price of CHF 87.19.
Shares of Nestle (VTX NESN) opened at CHF 84.40 on Wednesday. Nestle has a 1 year low of CHF 67 and a 1 year high of CHF 86.40.
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Nestle Company Profile
Nestle SA is a nutrition, health and wellness company. The Company’s segments are Zone Europe, Middle East and North Africa (EMENA); Zone Americas (AMS); Zone Asia, Oceania and sub-Saharan Africa (AOA); Nestle Waters; Nestle Nutrition, and Other Businesses. The Company operates in the United States, Greater China Region, Switzerland and Rest of the World.
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