Morgan Stanley set a CHF 120 price target on Nestlé (VTX:NESN) in a research report released on Monday, Borsen Zeitung reports. The firm currently has a buy rating on the stock.
NESN has been the topic of several other research reports. HSBC set a CHF 109 price target on shares of Nestlé and gave the company a neutral rating in a report on Monday, July 29th. Berenberg Bank set a CHF 115 price objective on shares of Nestlé and gave the stock a buy rating in a research note on Monday, July 29th. UBS Group set a CHF 117 price objective on shares of Nestlé and gave the company a buy rating in a research report on Monday, August 19th. Sanford C. Bernstein set a CHF 100 price objective on shares of Nestlé and gave the company a neutral rating in a research report on Friday, July 26th. Finally, Credit Suisse Group set a CHF 91 target price on shares of Nestlé and gave the company a sell rating in a research note on Tuesday, July 30th. One analyst has rated the stock with a sell rating, six have given a hold rating and eleven have issued a buy rating to the company. Nestlé presently has an average rating of Buy and an average target price of CHF 107.
Nestlé has a fifty-two week low of CHF 73.34 and a fifty-two week high of CHF 86.40.
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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