Goldman Sachs Group Inc set a CHF 81 price objective on Nestle SA (VTX:NESN) in a research report released on Friday. The firm currently has a buy rating on the stock.

Several other equities research analysts have also recently commented on NESN. JPMorgan Chase & Co. set a CHF 78 price objective on Nestle SA and gave the company a buy rating in a research report on Friday, February 17th. Kepler Capital Markets set a CHF 83 price objective on Nestle SA and gave the company a buy rating in a research report on Friday, February 17th. Baader Bank set a CHF 79 price objective on Nestle SA and gave the company a buy rating in a research report on Friday, February 17th. Deutsche Bank AG set a CHF 85 price objective on Nestle SA and gave the company a buy rating in a research report on Friday, March 3rd. Finally, HSBC Holdings plc set a CHF 73.50 price objective on Nestle SA and gave the company a neutral rating in a research report on Friday, February 17th. Two investment analysts have rated the stock with a sell rating, four have given a hold rating and fourteen have issued a buy rating to the company’s stock. Nestle SA presently has a consensus rating of Buy and an average price target of CHF 81.08.

Analyst Recommendations for Nestle SA (VTX:NESN)

Shares of Nestle SA (VTX:NESN) traded up 0.13% during midday trading on Friday, reaching CHK 77.30. The company had a trading volume of 4,164,565 shares. The company has a 50 day moving average of CHK 74.17 and a 200 day moving average of CHK 73.55. Nestle SA has a 12-month low of CHK 67.00 and a 12-month high of CHK 80.05.

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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 operates in the United States, Greater China Region, Switzerland and Rest of the World.

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