Nestlé (VTX:NESN) has been given a CHF 130 price target by analysts at UBS Group in a note issued to investors on Monday, Borsen Zeitung reports. The firm currently has a “buy” rating on the stock.
NESN has been the topic of several other research reports. JPMorgan Chase & Co. set a CHF 116 price objective on Nestlé and gave the stock a “buy” rating in a research report on Thursday, June 18th. Jefferies Financial Group set a CHF 94 price objective on Nestlé and gave the stock a “neutral” rating in a research report on Friday, June 12th. Morgan Stanley set a CHF 110 target price on Nestlé and gave the stock a “buy” rating in a report on Tuesday, June 9th. Credit Suisse Group set a CHF 97 target price on Nestlé and gave the stock a “neutral” rating in a report on Monday, April 27th. Finally, Goldman Sachs Group set a CHF 110 target price on Nestlé and gave the stock a “buy” rating in a report on Wednesday, June 17th. One research analyst has rated the stock with a sell rating, five have given a hold rating and eight have assigned a buy rating to the company. The stock presently has a consensus rating of “Buy” and a consensus price target of CHF 108.64.
Nestlé has a 12 month low of CHF 73.34 and a 12 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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