Nestle SA’s (NESN) Buy Rating Reiterated at Morgan Stanley
Nestle SA (VTX:NESN)‘s stock had its “buy” rating reissued by Morgan Stanley in a note issued to investors on Monday.
Several other research firms have also recently issued reports on NESN. Goldman Sachs Group Inc. set a CHF 90 target price on Nestle SA and gave the company a “buy” rating in a report on Friday. JPMorgan Chase & Co. set a CHF 88 target price on Nestle SA and gave the company a “buy” rating in a report on Wednesday, September 28th. Deutsche Bank AG set a CHF 90 target price on Nestle SA and gave the company a “buy” rating in a report on Friday, September 9th. RBC Capital Markets set a CHF 92 target price on Nestle SA and gave the company a “buy” rating in a report on Thursday, September 8th. Finally, Sanford C. Bernstein set a CHF 80 target price on Nestle SA and gave the company a “neutral” rating in a report on Wednesday, September 7th. Two equities research analysts have rated the stock with a sell rating, five have assigned a hold rating and fourteen have assigned a buy rating to the stock. The company currently has a consensus rating of “Buy” and a consensus target price of CHF 83.79.
Nestle SA (VTX:NESN) opened at 74.50 on Monday. Nestle SA has a 52 week low of CHK 69.00 and a 52 week high of CHK 80.05. The stock has a 50 day moving average price of CHK 77.17 and a 200 day moving average price of 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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