Nestlé (VTX:NESN) has been assigned a CHF 112 target price by investment analysts at Barclays in a research report issued to clients and investors on Monday, Borsen Zeitung reports. The firm presently has a “buy” rating on the stock.
Several other equities analysts also recently weighed in on NESN. Jefferies Financial Group set a CHF 94 price objective on Nestlé and gave the company a “neutral” rating in a research note on Friday, June 12th. JPMorgan Chase & Co. set a CHF 116 price target on Nestlé and gave the stock a “buy” rating in a research note on Thursday, June 18th. UBS Group set a CHF 130 price objective on shares of Nestlé and gave the stock a “buy” rating in a research report on Monday. Goldman Sachs Group set a CHF 110 target price on shares of Nestlé and gave the stock a “buy” rating in a research report on Wednesday, June 17th. Finally, Baader Bank set a CHF 109 price objective on shares of Nestlé and gave the stock a “buy” rating in a research note on Tuesday, April 14th. One investment analyst has rated the stock with a sell rating, five have assigned a hold rating and eight have given a buy rating to the company. Nestlé has an average rating of “Buy” and a consensus price target of CHF 108.64.
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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