Nestle (VTX:NESN) received a CHF 88 target price from equities researchers at UBS Group in a research report issued on Thursday, January 11th, www.boersen-zeitung.de reports. The brokerage currently has a “neutral” rating on the stock. UBS Group’s target price points to a potential upside of 10.80% from the stock’s current price.
Other analysts have also issued research reports about the stock. JPMorgan Chase & Co. set a CHF 93 target price on shares of Nestle and gave the stock a “buy” rating in a research note on Wednesday, September 27th. Goldman Sachs Group set a CHF 95 target price on shares of Nestle and gave the stock a “buy” rating in a research note on Wednesday, September 27th. Kepler Capital Markets set a CHF 93 target price on shares of Nestle and gave the stock a “buy” rating in a research note on Tuesday, September 26th. Citigroup set a CHF 93 target price on shares of Nestle and gave the stock a “buy” rating in a research note on Wednesday, September 27th. Finally, Oddo Bhf reissued 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, seven have assigned a hold rating and ten have given a buy rating to the company’s stock. Nestle currently has an average rating of “Hold” and an average price target of CHF 87.51.
Shares of Nestle (VTX:NESN) traded down CHF 1 during trading hours on Thursday, reaching CHF 79.42. 6,730,000 shares of the company were exchanged, compared to its average volume of 4,690,000. The company has a market capitalization of $247,170.00 and a PE ratio of 26.47. Nestle has a fifty-two week low of CHF 71.45 and a fifty-two week high of CHF 86.40.
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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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