Nestlé (VTX:NESN) Given a CHF 105 Price Target at HSBC
HSBC set a CHF 105 price objective on Nestlé (VTX:NESN) in a report issued on Thursday, Borsen Zeitung reports. The brokerage currently has a neutral rating on the stock.
Several other equities analysts have also weighed in on the company. Baader Bank set a €10.20 ($11.86) target price on Deutz and gave the company a buy rating in a research note on Wednesday, April 24th. Bank of America reissued a neutral rating and issued a $105.00 target price (up previously from $95.00) on shares of Childrens Place in a research note on Friday, April 5th. Deutsche Bank cut their target price on from GBX 217 ($2.84) to GBX 175 ($2.29) and set a sell rating on the stock in a research note on Monday, June 24th. Goldman Sachs Group set a €28.60 ($33.26) target price on Hapag-Lloyd and gave the company a neutral rating in a research note on Thursday, May 16th. Finally, Barclays reissued a buy rating on shares of Netflix in a research note on Thursday, May 16th. One investment analyst has rated the stock with a sell rating, five have given a hold rating and twelve have assigned a buy rating to the company’s stock. The company presently has a consensus rating of Buy and a consensus target price of CHF 102.39.
Nestlé has a one year low of CHF 73.34 and a one year high of CHF 86.40.
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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