Goldman Sachs set a CHF 97 target price on Nestle (VTX:NESN) in a research report released on Thursday morning. The brokerage currently has a buy rating on the stock.
A number of other analysts have also recently weighed in on NESN. UBS set a CHF 80 price objective on Nestle and gave the stock a neutral rating in a research report on Tuesday, April 3rd. Royal Bank of Canada set a CHF 82 price objective on Nestle and gave the stock a buy rating in a research report on Wednesday, April 4th. JPMorgan Chase set a CHF 97 price objective on Nestle and gave the stock a buy rating in a research report on Tuesday, March 27th. Kepler Capital Markets set a CHF 95 price objective on Nestle and gave the stock a buy rating in a research report on Thursday, February 15th. Finally, Barclays set a CHF 84.30 price objective on Nestle and gave the stock a neutral rating in a research report on Thursday, February 22nd. One investment analyst has rated the stock with a sell rating, eight have given a hold rating and eleven have issued a buy rating to the stock. Nestle presently has a consensus rating of Buy and an average target price of CHF 87.52.
Nestle stock opened at CHF 76.50 on Thursday. Nestle has a 1-year low of CHF 73.34 and a 1-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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