Nestlé (NESN) Given a CHF 95 Price Target by Goldman Sachs Group Analysts

Nestlé (VTX:NESN) has been assigned a CHF 95 price target by equities research analysts at Goldman Sachs Group in a report issued on Thursday. The brokerage currently has a “buy” rating on the stock. Goldman Sachs Group’s price objective points to a potential upside of 24.18% from the stock’s current price.

NESN has been the topic of several other reports. Credit Suisse Group set a CHF 70 price target on shares of Nestlé and gave the company a “sell” rating in a report on Tuesday, July 17th. Barclays set a CHF 83 price target on shares of Nestlé and gave the company a “neutral” rating in a report on Tuesday, September 4th. BNP Paribas set a CHF 81 price target on shares of Nestlé and gave the company a “neutral” rating in a report on Thursday, September 20th. JPMorgan Chase & Co. set a CHF 95 price target on shares of Nestlé and gave the company a “buy” rating in a report on Thursday, September 20th. Finally, Berenberg Bank set a CHF 84 price target on shares of Nestlé and gave the company a “neutral” rating in a report on Friday, July 27th. One analyst has rated the stock with a sell rating, seven have assigned a hold rating and twelve have issued a buy rating to the company’s stock. The company currently has an average rating of “Buy” and a consensus target price of CHF 88.16.

Shares of Nestlé stock opened at CHF 76.50 on Thursday. Nestlé has a 1 year low of CHF 73.34 and a 1 year high of CHF 86.40.

About Nestlé

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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Analyst Recommendations for Nestlé (VTX:NESN)

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