Nestle (VTX:NESN) received a CHF 95 price target from analysts at Goldman Sachs Group in a report issued on Thursday. The brokerage currently has a “buy” rating on the stock. Goldman Sachs Group’s price objective points to a potential upside of 10.53% from the company’s current price.
A number of other equities research analysts also recently commented on the company. Kepler Capital Markets set a CHF 95 target price on Nestle and gave the stock a “buy” rating in a report on Wednesday. J P Morgan Chase & Co set a CHF 97 price target on Nestle and gave the company a “buy” rating in a report on Tuesday. Royal Bank Of Canada set a CHF 87 price target on Nestle and gave the company a “buy” rating in a report on Tuesday, October 24th. UBS set a CHF 92 price target on Nestle and gave the company a “buy” rating in a report on Thursday, October 19th. Finally, Baader Bank set a CHF 88 price target on Nestle and gave the company a “buy” rating in a report on Thursday, October 19th. Two equities research analysts have rated the stock with a sell rating, six have given a hold rating and eleven have given a buy rating to the company. The company currently has an average rating of “Hold” and a consensus price target of CHF 87.31.
Shares of Nestle (VTX:NESN) opened at CHF 85.95 on Thursday. Nestle has a twelve month low of CHF 67.75 and a twelve month high of CHF 86.40.
Nestle Company Profile
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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