Nestle SA (NESN) PT Set at CHF 68 by Macquarie
Nestle SA (VTX:NESN) received a CHF 68 target price from equities researchers at Macquarie in a report issued on Friday. The firm currently has a “sell” rating on the stock.
A number of other equities analysts also recently issued reports on NESN. Credit Suisse Group AG set a CHF 68 price target on Nestle SA and gave the stock a “sell” rating in a research report on Monday, November 21st. Berenberg Bank set a CHF 82 price target on Nestle SA and gave the stock a “buy” rating in a research report on Tuesday, November 29th. Goldman Sachs Group Inc set a CHF 82 price target on Nestle SA and gave the stock a “buy” rating in a research report on Friday, December 2nd. JPMorgan Chase & Co. set a CHF 78 price target on Nestle SA and gave the stock a “buy” rating in a research report on Wednesday, December 7th. Finally, Deutsche Bank AG set a CHF 90 price target on Nestle SA and gave the stock a “buy” rating in a research report on Tuesday, December 13th. Two equities research analysts have rated the stock with a sell rating, four have assigned a hold rating and fourteen have given a buy rating to the company’s stock. The stock currently has a consensus rating of “Buy” and an average price target of CHF 81.08.
Nestle SA (VTX:NESN) opened at 77.45 on Friday. The stock’s 50 day moving average price is CHK 74.29 and its 200 day moving average price is CHK 73.49. Nestle SA has a 52-week low of CHK 67.00 and a 52-week 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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