Nestle SA (NESN) Given a CHF 90 Price Target at Goldman Sachs Group Inc.
Nestle SA (VTX:NESN) received a CHF 90 price objective from analysts at Goldman Sachs Group Inc. in a note issued to investors on Friday. The brokerage currently has a a “buy” rating on the stock.
A number of other equities analysts also recently commented on the company. Credit Suisse Group AG set a CHF 67.50 price objective on Nestle SA and gave the stock a “sell” rating in a research report on Monday, July 25th. BNP Paribas set a CHF 82 price objective on Nestle SA and gave the stock a “neutral” rating in a research report on Monday, July 11th. JPMorgan Chase & Co. set a CHF 88 price objective on Nestle SA and gave the stock a “buy” rating in a research report on Monday, July 4th. Morgan Stanley set a CHF 85 price objective on Nestle SA and gave the stock a “buy” rating in a research report on Tuesday, July 19th. Finally, Sanford C. Bernstein set a CHF 80 price objective on Nestle SA and gave the stock a “neutral” rating in a research report on Wednesday, September 7th. Two investment analysts have rated the stock with a sell rating, five have assigned a hold rating and fourteen have issued a buy rating to the stock. The company presently has an average rating of “Buy” and an average target price of CHF 83.79.
Shares of Nestle SA (VTX:NESN) opened at 74.95 on Friday. Nestle SA has a 52 week low of CHK 69.00 and a 52 week high of CHK 80.05. The company’s 50 day moving average price is CHK 77.23 and its 200-day moving average price is CHK 75.02.
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About Nestle SA
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’s product categories include powered and liquid beverages; water; milk products and ice cream; nutrition and health science; confectionery, and PetCare.
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