Deutsche Bank Reiterates CHF 120 Price Target for Nestlé (VTX:NESN)

Deutsche Bank set a CHF 120 target price on Nestlé (VTX:NESN) in a research report sent to investors on Monday morning, Borsen Zeitung reports. The firm currently has a neutral rating on the stock.

Several other equities analysts also recently issued reports on NESN. HSBC set a CHF 109 price objective on shares of Nestlé and gave the company a neutral rating in a report on Monday, July 29th. Royal Bank of Canada set a CHF 98 target price on shares of Nestlé and gave the company a neutral rating in a research report on Friday, July 12th. Kepler Capital Markets set a CHF 115 target price on shares of Nestlé and gave the stock a buy rating in a research note on Tuesday, June 25th. UBS Group set a CHF 117 price target on shares of Nestlé and gave the stock a buy rating in a research report on Monday, August 19th. Finally, Goldman Sachs Group set a CHF 118 price target on shares of Nestlé and gave the company a buy rating in a research note on Monday, September 2nd. One investment analyst has rated the stock with a sell rating, six have given a hold rating and eleven have given a buy rating to the stock. The company currently has an average rating of Buy and a consensus price target of CHF 107.

Nestlé has a 1-year low of CHF 73.34 and a 1-year high of CHF 86.40.

Nestlé Company Profile

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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