Nestle SA (NESN) Given a CHF 93 Price Target at J P Morgan Chase & Co
Several other analysts have also issued reports on the stock. Deutsche Bank AG set a CHF 90 price target on shares of Nestle SA and gave the stock a buy rating in a research report on Monday. Goldman Sachs Group, Inc. (The) set a CHF 94 price objective on shares of Nestle SA and gave the company a buy rating in a research note on Thursday, September 7th. BNP Paribas set a CHF 88 price objective on shares of Nestle SA and gave the company a neutral rating in a research note on Wednesday, September 6th. Citigroup Inc. set a CHF 88 price objective on shares of Nestle SA and gave the company a buy rating in a research note on Thursday, August 3rd. Finally, Kepler Capital Markets set a CHF 93 price target on shares of Nestle SA and gave the company a buy rating in a research note on Friday, July 28th. Two research analysts have rated the stock with a sell rating, five have assigned a hold rating and eleven have given a buy rating to the company. The stock currently has a consensus rating of Buy and a consensus target price of CHF 86.25.
Nestle SA (VTX NESN) traded down 0.31% on Wednesday, reaching CHK 80.95. 2,754,732 shares of the company traded hands. The company has a market capitalization of CHK 250.78 billion and a PE ratio of 27.06. The stock has a 50-day moving average of CHK 81.62 and a 200 day moving average of CHK 80.16. Nestle SA has a 52-week low of CHK 67.00 and a 52-week high of CHK 86.00.
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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