Brokerages Set Nestle SA (NESN) Price Target at $83.79
Nestle SA (VTX:NESN) has been assigned a consensus recommendation of “Buy” from the twenty-one analysts that are presently covering the company. Two equities research analysts have rated the stock with a sell rating, five have given a hold rating and fourteen have given a buy rating to the company. The average 1 year price target among brokerages that have covered the stock in the last year is CHF 83.79.
Several brokerages recently commented on NESN. Macquarie set a CHF 67 price target on Nestle SA and gave the stock a “sell” rating in a research report on Thursday, June 30th. RBC Capital Markets set a CHF 92 price target on Nestle SA and gave the stock a “buy” rating in a research report on Thursday, September 8th. S&P Global Inc. set a CHF 85 price target on Nestle SA and gave the stock a “buy” rating in a research report on Friday, August 19th. Morgan Stanley set a CHF 85 price objective on Nestle SA and gave the stock a “buy” rating in a research note on Tuesday, June 28th. Finally, Deutsche Bank AG set a CHF 90 price objective on Nestle SA and gave the stock a “buy” rating in a research note on Friday, September 9th.
Shares of Nestle SA (VTX:NESN) opened at 75.30 on Friday. The firm has a 50-day moving average price of CHK 77.17 and a 200-day moving average price of CHK 75.05. Nestle SA has a 1-year low of CHK 69.00 and a 1-year high of CHK 80.05.
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’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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