Nestle (NESN) PT Set at CHF 95 by S&P Global

S&P Global set a CHF 95 price objective on Nestle (VTX:NESN) in a research note released on Wednesday. The firm currently has a buy rating on the stock.

NESN has been the topic of several other research reports. Morgan Stanley set a CHF 90 price target on shares of Nestle and gave the stock a buy rating in a research report on Wednesday, October 11th. Royal Bank of Canada set a CHF 87 price target on shares of Nestle and gave the stock a buy rating in a research report on Tuesday, October 24th. Credit Suisse Group set a CHF 76 price target on shares of Nestle and gave the stock a sell rating in a research report on Wednesday, September 20th. Deutsche Bank set a CHF 95 price target on shares of Nestle and gave the stock a buy rating in a research report on Friday, October 6th. Finally, Goldman Sachs Group set a CHF 95 price target on shares of Nestle and gave the stock a buy rating in a research report on Thursday, December 7th. Two research analysts have rated the stock with a sell rating, seven have given a hold rating and ten have given a buy rating to the company. The stock currently has an average rating of Hold and a consensus target price of CHF 87.36.

Shares of Nestle (VTX NESN) traded down CHF 0.38 during midday trading on Wednesday, reaching CHF 82.54. 6,020,000 shares of the company traded hands, compared to its average volume of 4,940,000. The firm has a market cap of $256,880.00 and a P/E ratio of 27.51. Nestle has a 1-year low of CHF 71.45 and a 1-year high of CHF 86.40.

COPYRIGHT VIOLATION NOTICE: This report was posted by Transcript Daily and is the property of of Transcript Daily. If you are reading this report on another publication, it was illegally stolen and republished in violation of US and international trademark & copyright law. The original version of this report can be accessed at https://transcriptdaily.com/2018/01/19/nestle-nesn-pt-set-at-chf-95-by-sp-global.html.

About Nestle

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)

Receive News & Ratings for Nestle Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Nestle and related companies with MarketBeat.com's FREE daily email newsletter.

Leave a Reply