Nestle SA (VTX:NESN) received a CHF 90 price objective from investment analysts at Morgan Stanley in a research note issued on Wednesday. The brokerage presently has a “buy” rating on the stock.
NESN has been the subject of several other reports. Goldman Sachs Group, Inc. (The) set a CHF 81 price objective on shares of Nestle SA and gave the company a “buy” rating in a report on Thursday, June 15th. Credit Suisse Group set a CHF 75 target price on shares of Nestle SA and gave the company a “sell” rating in a research report on Thursday, June 15th. J P Morgan Chase & Co restated a “buy” rating on shares of Nestle SA in a research report on Thursday, September 7th. BNP Paribas set a CHF 88 target price on shares of Nestle SA and gave the company a “neutral” rating in a research report on Wednesday, September 6th. Finally, Deutsche Bank AG set a CHF 95 target price on shares of Nestle SA and gave the company a “buy” rating in a research report on Friday, October 6th. Two research analysts have rated the stock with a sell rating, six have given a hold rating and eleven have assigned a buy rating to the company’s stock. The stock presently has an average rating of “Hold” and a consensus price target of CHF 86.75.
Nestle SA (NESN) opened at 84.30 on Wednesday. The stock’s 50 day moving average is CHK 81.64 and its 200-day moving average is CHK 81.03. Nestle SA has a 52-week low of CHK 67.00 and a 52-week high of CHK 86.00. The company has a market capitalization of CHK 261.16 billion and a P/E ratio of 28.18.
About Nestle SA
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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