UBS Group set a CHF 117 price target on Nestlé (VTX:NESN) in a report released on Thursday, Borsen Zeitung reports. The firm currently has a buy rating on the stock.
A number of other brokerages have also weighed in on NESN. Kepler Capital Markets set a CHF 115 price objective on shares of Nestlé and gave the company a buy rating in a report on Tuesday, June 25th. Deutsche Bank set a CHF 120 price objective on shares of Nestlé and gave the company a neutral rating in a report on Monday, September 9th. HSBC set a CHF 109 price objective on shares of Nestlé and gave the company a neutral rating in a report on Monday, July 29th. Jefferies Financial Group set a CHF 121 price objective on shares of Nestlé and gave the company a buy rating in a report on Friday, August 9th. Finally, Barclays reiterated a buy rating on shares of Nestlé in a report on Tuesday, September 10th. One analyst has rated the stock with a sell rating, five have given a hold rating and eleven have assigned a buy rating to the stock. The stock currently has an average rating of Buy and an average target price of CHF 108.59.
Nestlé has a twelve month low of CHF 73.34 and a twelve month high of CHF 86.40.
Nestlé 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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