Goldman Sachs Group set a CHF 119 price objective on Nestlé (VTX:NESN) in a research report released on Thursday morning, Borsen Zeitung reports. The firm currently has a buy rating on the stock.
A number of other research analysts also recently commented on NESN. Royal Bank of Canada set a CHF 92 price objective on Nestlé and gave the company a sell rating in a report on Wednesday, September 25th. Kepler Capital Markets set a CHF 115 price objective on Nestlé and gave the company a buy rating in a report on Tuesday, June 25th. Morgan Stanley set a CHF 120 target price on Nestlé and gave the company a buy rating in a research report on Monday, September 9th. HSBC set a CHF 109 target price on Nestlé and gave the company a neutral rating in a research report on Thursday, October 10th. Finally, Sanford C. Bernstein set a CHF 100 target price on Nestlé and gave the company a neutral rating in a research report on Wednesday, September 18th. Two equities research analysts have rated the stock with a sell rating, four have given a hold rating and eleven have given a buy rating to the stock. The company presently has an average rating of Buy and a consensus target price of CHF 109.12.
Nestlé has a 1-year low of CHF 73.34 and a 1-year 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.
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