Nestle SA (VTX:NESN) has been assigned a consensus recommendation of “Buy” from the twenty-one research firms that are presently covering the firm. Two investment analysts have rated the stock with a sell recommendation, five have given a hold recommendation and fourteen have issued a buy recommendation on the company. The average 12 month price target among brokerages that have issued a report on the stock in the last year is CHF 83.79.
NESN has been the topic of several analyst reports. Credit Suisse Group AG set a CHF 67.50 price target on Nestle SA and gave the company a “sell” rating in a report on Monday, August 8th. HSBC set a CHF 73 price target on Nestle SA and gave the company a “neutral” rating in a report on Thursday, June 30th. Jefferies Group set a CHF 78 price target on Nestle SA and gave the company a “neutral” rating in a report on Wednesday, August 24th. Morgan Stanley set a CHF 85 price target on Nestle SA and gave the company a “buy” rating in a report on Tuesday, July 19th. Finally, JPMorgan Chase & Co. set a CHF 88 price target on Nestle SA and gave the company a “buy” rating in a report on Wednesday, September 28th.
Shares of Nestle SA (VTX:NESN) traded up 1.21% during mid-day trading on Friday, hitting CHK 75.30. 4,926,240 shares of the company’s stock were exchanged. Nestle SA has a 52 week low of CHK 69.00 and a 52 week high of CHK 80.05. The firm has a 50 day moving average price of CHK 77.23 and a 200-day moving average price of CHK 75.02.
Nestle SA 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’s product categories include powered and liquid beverages; water; milk products and ice cream; nutrition and health science; confectionery, and PetCare.
Receive News & Ratings for Nestle SA Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Nestle SA and related companies with MarketBeat.com's FREE daily email newsletter.