Nestlé (VTX:NESN) has received an average recommendation of “Buy” from the fifteen brokerages that are presently covering the firm, MarketBeat Ratings reports. Two analysts have rated the stock with a sell rating, three have assigned a hold rating and ten have issued a buy rating on the company. The average 1-year target price among brokerages that have updated their coverage on the stock in the last year is CHF 112.07.

A number of equities analysts have recently commented on NESN shares. Royal Bank of Canada set a CHF 92 price objective on shares of Nestlé and gave the stock a “sell” rating in a report on Thursday. Jefferies Financial Group set a CHF 121 price objective on shares of Nestlé and gave the stock a “buy” rating in a report on Thursday. Barclays set a CHF 115 price objective on shares of Nestlé and gave the stock a “buy” rating in a report on Thursday, September 26th. Deutsche Bank set a CHF 120 price objective on shares of Nestlé and gave the stock a “neutral” rating in a report on Monday, September 9th. Finally, UBS Group set a CHF 117 price objective on shares of Nestlé and gave the stock a “buy” rating in a report on Friday.

Nestlé has a 1-year low of CHF 73.34 and a 1-year high of CHF 86.40.

About Nestlé

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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Analyst Recommendations for Nestlé (VTX:NESN)

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