Nestle (NESN) Given a CHF 89 Price Target at Societe Generale

Societe Generale set a CHF 89 price objective on Nestle (VTX:NESN) in a research note published on Monday. The brokerage currently has a neutral rating on the stock.

Other research analysts have also recently issued reports about the stock. Morgan Stanley set a CHF 90 price objective on shares of Nestle and gave the company a buy rating in a research note on Monday, September 25th. Goldman Sachs Group set a CHF 95 price objective on shares of Nestle and gave the company a buy rating in a research note on Tuesday, October 10th. Deutsche Bank set a CHF 95 price objective on shares of Nestle and gave the company a buy rating in a research note on Friday, October 6th. UBS Group set a CHF 92 price objective on shares of Nestle and gave the company a buy rating in a research note on Monday, October 2nd. Finally, JPMorgan Chase & Co. set a CHF 93 price objective on shares of Nestle and gave the company a buy rating in a research note on Wednesday, September 27th. Two analysts have rated the stock with a sell rating, seven have given a hold rating and ten have assigned a buy rating to the company’s stock. The stock has a consensus rating of Hold and an average price target of CHF 87.36.

Nestle (NESN) opened at CHF 82.54 on Monday. The stock has a market cap of $256,880.00 and a P/E ratio of 27.51. Nestle has a one year low of CHF 71.45 and a one year high of CHF 86.40.

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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.

Analyst Recommendations for Nestle (VTX:NESN)

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