Nestle SA (VTX:NESN)‘s stock had its “buy” rating reaffirmed by research analysts at Morgan Stanley in a note issued to investors on Monday.
A number of other analysts also recently commented on NESN. Macquarie set a CHF 67 price objective on Nestle SA and gave the stock a “sell” rating in a research note on Thursday, June 30th. RBC Capital Markets set a CHF 92 price objective on Nestle SA and gave the stock a “buy” rating in a research note on Thursday, September 8th. S&P Global Inc. set a CHF 85 target price on Nestle SA and gave the stock a “buy” rating in a report on Friday, August 19th. Deutsche Bank AG set a CHF 90 target price on Nestle SA and gave the stock a “buy” rating in a report on Friday, September 9th. Finally, Goldman Sachs Group Inc. set a CHF 65 target price on Nestle SA and gave the stock a “sell” rating in a report on Tuesday, June 28th. Two equities research analysts have rated the stock with a sell rating, five have issued a hold rating and fourteen have assigned a buy rating to the stock. The company presently has a consensus rating of “Buy” and an average price target of CHF 83.79.
Nestle SA (VTX:NESN) opened at 74.90 on Monday. The stock has a 50 day moving average price of CHK 77.00 and a 200-day moving average price of CHK 75.16. Nestle SA has a 12-month low of CHK 69.00 and a 12-month high of CHK 80.05.
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.
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