Nestle SA (NESN) PT Set at CHF 93 by Societe Generale
Nestle SA (VTX:NESN) received a CHF 93 target price from Societe Generale in a report issued on Tuesday. The brokerage currently has a “buy” rating on the stock.
Several other research analysts have also recently issued reports on NESN. Barclays PLC set a CHF 81 target price on shares of Nestle SA and gave the stock a “buy” rating in a report on Monday, January 23rd. JPMorgan Chase & Co. set a CHF 78 target price on shares of Nestle SA and gave the stock a “buy” rating in a report on Wednesday, January 25th. Goldman Sachs Group Inc set a CHF 82 target price on shares of Nestle SA and gave the stock a “buy” rating in a report on Friday, February 3rd. HSBC Holdings plc set a CHF 73.50 target price on shares of Nestle SA and gave the stock a “neutral” rating in a report on Friday, February 17th. Finally, Kepler Capital Markets set a CHF 83 target price on shares of Nestle SA and gave the stock a “buy” rating in a report on Friday, February 17th. Two analysts have rated the stock with a sell rating, five have issued a hold rating and twelve have assigned a buy rating to the company’s stock. The stock presently has a consensus rating of “Buy” and a consensus price target of CHF 81.97.
Shares of Nestle SA (VTX:NESN) traded down 0.78% during mid-day trading on Tuesday, reaching CHK 82.75. 3,543,605 shares of the company’s stock were exchanged. The company’s 50-day moving average price is CHK 78.19 and its 200 day moving average price is CHK 74.21. Nestle SA has a 52-week low of CHK 67.00 and a 52-week high of CHK 83.55.
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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 operates in the United States, Greater China Region, Switzerland and Rest of the World.
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