Nestle SA (NESN) PT Set at CHF 93 by Kepler Capital Markets
Nestle SA (VTX:NESN) received a CHF 93 price target from stock analysts at Kepler Capital Markets in a research report issued on Friday. The firm presently has a “buy” rating on the stock.
Several other brokerages have also issued reports on NESN. UBS AG reaffirmed a “buy” rating on shares of Nestle SA in a research report on Friday, May 26th. Societe Generale set a CHF 93 target price on Nestle SA and gave the company a “buy” rating in a research report on Tuesday, May 23rd. J P Morgan Chase & Co set a CHF 84 target price on Nestle SA and gave the company a “buy” rating in a research report on Monday, May 8th. Berenberg Bank set a CHF 83 target price on Nestle SA and gave the company a “buy” rating in a research report on Tuesday, April 25th. Finally, Baader Bank set a CHF 88 target price on Nestle SA and gave the company a “buy” rating in a research report on Friday, April 21st. Two analysts have rated the stock with a sell rating, six have assigned a hold rating and thirteen have issued a buy rating to the company. The company currently has a consensus rating of “Buy” and a consensus price target of CHF 85.60.
Shares of Nestle SA (VTX:NESN) opened at 81.70 on Friday. The stock has a 50 day moving average of CHK 82.75 and a 200-day moving average of CHK 78.25. Nestle SA has a 12-month low of CHK 67.00 and a 12-month high of CHK 85.97.
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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 operates in the United States, Greater China Region, Switzerland and Rest of the World.
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