Jefferies Group LLC Analysts Give Nestle SA (NESN) a CHF 80 Price Target
Nestle SA (VTX:NESN) has been assigned a CHF 80 price target by stock analysts at Jefferies Group LLC in a research note issued on Wednesday. The firm currently has a “neutral” rating on the stock.
Several other equities analysts have also issued reports on the stock. Societe Generale set a CHF 93 target price on shares of Nestle SA and gave the company a “buy” rating in a report on Tuesday, May 23rd. Macquarie set a CHF 68 target price on shares of Nestle SA and gave the company a “sell” rating in a report on Friday, March 17th. J P Morgan Chase & Co set a CHF 84 target price on shares of Nestle SA and gave the company a “buy” rating in a report on Monday, May 8th. Goldman Sachs Group, Inc. (The) set a CHF 81 target price on shares of Nestle SA and gave the company a “buy” rating in a report on Friday, April 21st. Finally, Deutsche Bank AG set a CHF 85 target price on shares of Nestle SA and gave the company a “buy” rating in a report on Friday, March 24th. Two research analysts have rated the stock with a sell rating, six have given a hold rating and twelve have given a buy rating to the company’s stock. Nestle SA presently has an average rating of “Buy” and an average price target of CHF 83.28.
Nestle SA (VTX NESN) opened at 85.75 on Wednesday. The stock has a 50 day moving average price of CHK 81.61 and a 200 day moving average price of CHK 76.24. Nestle SA has a 12-month low of CHK 67.00 and a 12-month high of CHK 85.80.
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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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