Nestlé (NESN) PT Set at CHF 85 by Royal Bank of Canada

Nestlé (VTX:NESN) has been assigned a CHF 85 price target by stock analysts at Royal Bank of Canada in a report released on Thursday. The firm presently has a “buy” rating on the stock. Royal Bank of Canada’s price objective would indicate a potential upside of 11.11% from the stock’s current price.

A number of other research firms have also recently issued reports on NESN. Baader Bank set a CHF 92 price objective on Nestlé and gave the company a “buy” rating in a report on Thursday, July 26th. Goldman Sachs Group set a CHF 94 price objective on Nestlé and gave the company a “buy” rating in a report on Thursday, July 26th. Kepler Capital Markets set a CHF 90 price objective on Nestlé and gave the company a “buy” rating in a report on Thursday, July 26th. JPMorgan Chase & Co. set a CHF 95 price objective on Nestlé and gave the company a “buy” rating in a report on Thursday, July 26th. Finally, Credit Suisse Group set a CHF 70 price objective on Nestlé and gave the company a “sell” rating in a report on Tuesday, July 17th. One investment analyst has rated the stock with a sell rating, seven have assigned a hold rating and twelve have assigned a buy rating to the company. Nestlé presently has an average rating of “Buy” and an average price target of CHF 88.05.

VTX NESN opened at CHF 76.50 on Thursday. Nestlé has a fifty-two week low of CHF 73.34 and a fifty-two week 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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Analyst Recommendations for Nestlé (VTX:NESN)

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