Berenberg Bank set a CHF 122 price objective on Nestlé (VTX:NESN) in a research note issued to investors on Wednesday morning, Borsen Zeitung reports. The brokerage currently has a buy rating on the stock.
A number of other analysts also recently issued reports on NESN. Goldman Sachs Group set a CHF 115 target price on Nestlé and gave the stock a buy rating in a research report on Monday, January 20th. Sanford C. Bernstein set a CHF 101 price target on Nestlé and gave the company a neutral rating in a research report on Thursday, October 17th. UBS Group set a CHF 116 price target on Nestlé and gave the company a buy rating in a research report on Friday, January 10th. Morgan Stanley set a CHF 120 price target on Nestlé and gave the company a buy rating in a research report on Thursday, December 12th. Finally, Royal Bank of Canada set a CHF 92 price target on Nestlé and gave the company a sell rating in a research report on Thursday, October 17th. Two investment analysts have rated the stock with a sell rating, four have given a hold rating and nine have assigned a buy rating to the stock. The stock has a consensus rating of Hold and an average target price of CHF 111.33.
Nestlé has a 52-week low of CHF 73.34 and a 52-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.
See Also: Roth IRA
Receive News & Ratings for Nestlé Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Nestlé and related companies with MarketBeat.com's FREE daily email newsletter.