Royal Bank of Canada set a CHF 82 target price on Nestle (VTX:NESN) in a research note issued to investors on Wednesday morning. The brokerage currently has a buy rating on the stock.
NESN has been the topic of several other reports. JPMorgan Chase set a CHF 97 price target on shares of Nestle and gave the stock a buy rating in a research report on Tuesday, February 20th. Barclays set a CHF 84.30 price target on shares of Nestle and gave the stock a neutral rating in a research report on Thursday, February 22nd. Goldman Sachs set a CHF 95 price target on shares of Nestle and gave the stock a buy rating in a research report on Thursday, December 7th. Kepler Capital Markets set a CHF 95 price target on shares of Nestle and gave the stock a buy rating in a research report on Wednesday, December 6th. Finally, UBS set a CHF 88 price target on shares of Nestle and gave the stock a neutral rating in a research report on Thursday, January 11th. One investment analyst has rated the stock with a sell rating, eight have assigned a hold rating and eleven have assigned a buy rating to the company. The stock currently has an average rating of Buy and an average target price of CHF 87.52.
Shares of VTX:NESN opened at CHF 76.50 on Wednesday. Nestle has a one year low of CHF 73.34 and a one year 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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