Goldman Sachs Group Analysts Give Nestle (NESN) a CHF 95 Price Target
A number of other equities research analysts have also issued reports on the company. JPMorgan Chase & Co. reissued a buy rating on shares of Nestle in a research note on Monday, December 18th. Royal Bank of Canada set a CHF 87 price objective on Nestle and gave the stock a buy rating in a report on Tuesday, October 24th. Kepler Capital Markets set a CHF 95 price objective on Nestle and gave the stock a buy rating in a report on Wednesday, December 6th. UBS Group set a CHF 92 price objective on Nestle and gave the stock a buy rating in a report on Thursday, October 19th. Finally, Credit Suisse Group set a CHF 76 price objective on Nestle and gave the stock a sell rating in a report on Wednesday, September 20th. Two investment analysts have rated the stock with a sell rating, seven have issued a hold rating and ten have given a buy rating to the company’s stock. The company currently has an average rating of Hold and an average target price of CHF 87.36.
Shares of Nestle (VTX:NESN) opened at CHF 82.28 on Wednesday. Nestle has a one year low of CHF 71.45 and a one year high of CHF 86.40. The stock has a market capitalization of $256,070.00 and a P/E ratio of 27.43.
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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