Nestle SA (NESN) Earns Buy Rating from Morgan Stanley
Nestle SA (VTX:NESN)‘s stock had its “buy” rating reaffirmed by Morgan Stanley in a report released on Monday.
Several other brokerages have also commented on NESN. Societe Generale set a CHF 90 price objective on shares of Nestle SA and gave the company a “buy” rating in a research report on Thursday, August 11th. Credit Suisse Group AG set a CHF 67.50 price target on shares of Nestle SA and gave the stock a “sell” rating in a report on Monday, August 8th. BNP Paribas set a CHF 82 price target on shares of Nestle SA and gave the stock a “neutral” rating in a report on Monday, July 11th. Barclays PLC set a CHF 82 price target on shares of Nestle SA and gave the stock a “buy” rating in a report on Friday, July 8th. Finally, JPMorgan Chase & Co. set a CHF 88 price target on shares of Nestle SA and gave the stock a “buy” rating in a report on Monday, July 4th. Two analysts have rated the stock with a sell rating, five have issued a hold rating and fourteen have given a buy rating to the stock. The company presently has a consensus rating of “Buy” and a consensus price target of CHF 83.79.
Nestle SA (VTX:NESN) opened at 74.50 on Monday. Nestle SA has a one year low of CHK 69.00 and a one year high of CHK 80.05. The firm’s 50-day moving average is CHK 77.17 and its 200 day moving average is CHK 75.05.
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Nestle SA 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’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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