Nestlé (VTX:NESN) Given a CHF 117 Price Target at UBS Group

UBS Group set a CHF 117 price target on Nestlé (VTX:NESN) in a report released on Wednesday, Borsen Zeitung reports. The brokerage currently has a buy rating on the stock.

Several other research analysts have also commented on NESN. HSBC set a CHF 109 price target 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 target on shares of Nestlé and gave the company a buy rating in a report on Friday, August 9th. JPMorgan Chase & Co. reaffirmed a buy rating on shares of Nestlé in a report on Monday, September 2nd. Sanford C. Bernstein set a CHF 100 price target on shares of Nestlé and gave the company a neutral rating in a report on Friday, July 26th. Finally, Berenberg Bank set a CHF 115 price target on shares of Nestlé and gave the company a buy rating in a report on Monday, July 29th. One equities research analyst has rated the stock with a sell rating, six have issued a hold rating and eleven have issued a buy rating to the stock. The stock has a consensus rating of Buy and a consensus target price of CHF 107.

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.

Read More: Compound Interest

Analyst Recommendations for Nestlé (VTX:NESN)

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