Nestle SA (NESN) PT Set at CHF 90 by Morgan Stanley
Nestle SA (VTX:NESN) has been given a CHF 90 price objective by stock analysts at Morgan Stanley in a report released on Monday. The firm presently has a a “buy” rating on the stock.
NESN has been the topic of several other research reports. JPMorgan Chase & Co. reissued a “buy” rating and set a target price on shares of Nestle SA in a report on Thursday, September 22nd. Goldman Sachs Group Inc. set a CHF 65 target price on Nestle SA and gave the stock a “sell” rating in a report on Friday, August 19th. Berenberg Bank set a CHF 86 price target on shares of Nestle SA and gave the stock a “buy” rating in a research report on Tuesday, August 23rd. Kepler Capital Markets set a CHF 87 price target on shares of Nestle SA and gave the stock a “buy” rating in a research report on Friday, August 19th. Finally, Citigroup Inc. set a CHF 88 price target on shares of Nestle SA and gave the stock a “buy” rating in a research report on Wednesday, August 31st. Two analysts have rated the stock with a sell rating, five have assigned a hold rating and fourteen have given a buy rating to the company’s stock. The stock presently has a consensus rating of “Buy” and an average target price of CHF 83.79.
Nestle SA (VTX:NESN) opened at 75.35 on Monday. Nestle SA has a 12 month low of CHK 69.00 and a 12 month high of CHK 80.05. The company’s 50-day moving average price is CHK 77.41 and its 200-day moving average price is 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.
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