Berenberg Bank Analysts Give Nestle (NESN) a CHF 82 Price Target

Nestle (VTX:NESN) has been given a CHF 82 price target by Berenberg Bank in a research note issued on Friday. The firm presently has a “neutral” rating on the stock. Berenberg Bank’s price objective would indicate a potential upside of 8.27% from the company’s previous close.

Other equities research analysts have also issued reports about the company. UBS Group set a CHF 92 price target on Nestle and gave the company a “buy” rating in a research report on Thursday, October 19th. Baader Bank set a CHF 90 price target on Nestle and gave the company a “buy” rating in a research report on Wednesday, January 17th. Kepler Capital Markets set a CHF 95 price target on Nestle and gave the company a “buy” rating in a research report on Wednesday, January 17th. JPMorgan Chase & Co. set a CHF 97 price target on Nestle and gave the company a “buy” rating in a research report on Wednesday, January 3rd. Finally, Goldman Sachs Group set a CHF 95 price target on Nestle and gave the company a “buy” rating in a research report on Wednesday, January 17th. Two investment analysts have rated the stock with a sell rating, eight have assigned a hold rating and eleven have assigned a buy rating to the stock. The company currently has an average rating of “Hold” and an average price target of CHF 87.65.

Shares of Nestle (VTX NESN) opened at CHF 75.74 on Friday. The stock has a market capitalization of $235,710.00 and a P/E ratio of 32.79. Nestle has a 52-week low of CHF 71.45 and a 52-week high of CHF 86.40.

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About Nestle

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.

Analyst Recommendations for Nestle (VTX:NESN)

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