Nestlé (VTX:NESN) has been given a CHF 106 target price by stock analysts at Barclays in a research note issued on Thursday, Borsen Zeitung reports. The firm presently has a “buy” rating on the stock.
NESN has been the topic of a number of other reports. Deutsche Bank set a CHF 105 price target on Nestlé and gave the company a “buy” rating in a report on Tuesday, March 26th. Goldman Sachs Group set a CHF 104 price target on Nestlé and gave the company a “buy” rating in a report on Friday, May 10th. Jefferies Financial Group set a CHF 98 price target on Nestlé and gave the company a “buy” rating in a report on Thursday, February 14th. Sanford C. Bernstein set a CHF 82 price target on Nestlé and gave the company a “neutral” rating in a report on Monday, February 18th. Finally, Credit Suisse Group set a CHF 84 price target on Nestlé and gave the company a “sell” rating in a report on Thursday, April 18th. One research analyst has rated the stock with a sell rating, four have given a hold rating and twelve have assigned a buy rating to the company’s stock. Nestlé has an average rating of “Buy” and an average target price of CHF 98.47.
Nestlé has a 1-year low of CHF 73.34 and a 1-year high of CHF 86.40.
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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