Nestlé (NESN) PT Set at CHF 88 by Royal Bank of Canada

Nestlé (VTX:NESN) received a CHF 88 price target from research analysts at Royal Bank of Canada in a note issued to investors on Wednesday, Borsen Zeitung reports. The firm presently has a “neutral” rating on the stock.

A number of other research firms also recently weighed in on NESN. Credit Suisse Group set a CHF 84 price target on shares of Nestlé and gave the company a “sell” rating in a report on Wednesday. Goldman Sachs Group set a CHF 100 price target on shares of Nestlé and gave the company a “buy” rating in a report on Wednesday. JPMorgan Chase & Co. set a CHF 100 price target on shares of Nestlé and gave the company a “buy” rating in a report on Thursday, April 18th. Sanford C. Bernstein set a CHF 98 price target on shares of Nestlé and gave the company a “neutral” rating in a report on Thursday, April 18th. Finally, Deutsche Bank set a CHF 105 price target on shares of Nestlé and gave the company a “buy” rating in a report on Thursday, April 18th. One investment analyst has rated the stock with a sell rating, four have issued a hold rating and thirteen have issued a buy rating to the company’s stock. Nestlé currently has a consensus rating of “Buy” and an average target price of CHF 98.24.

Nestlé has a 12-month low of CHF 73.34 and a 12-month 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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