UBS AG Analysts Give Nestle SA (NESN) a CHF 84 Price Target
Nestle SA (VTX:NESN) has been assigned a CHF 84 price target by research analysts at UBS AG in a research note issued on Thursday, www.boersen-zeitung.de reports. The firm presently has a “buy” rating on the stock.
Several other brokerages have also issued reports on NESN. Goldman Sachs Group, Inc. (The) set a CHF 81 target price on Nestle SA and gave the stock a “buy” rating in a research report on Friday, April 21st. Berenberg Bank set a CHF 90 target price on Nestle SA and gave the stock a “neutral” rating in a research report on Thursday, June 29th. Baader Bank set a CHF 88 target price on Nestle SA and gave the stock a “buy” rating in a research report on Friday, April 21st. Credit Suisse Group set a CHF 75 target price on Nestle SA and gave the stock a “sell” rating in a research report on Thursday, June 15th. Finally, S&P Global set a CHF 90 target price on Nestle SA and gave the stock a “buy” rating in a research report on Thursday, June 15th. Two analysts have rated the stock with a sell rating, six have issued a hold rating and thirteen have given a buy rating to the company. Nestle SA currently has a consensus rating of “Buy” and a consensus price target of CHF 85.12.
Shares of Nestle SA (NESN) traded up 0.12% during midday trading on Thursday, reaching CHK 83.80. The company’s stock had a trading volume of 3,583,490 shares. The stock has a 50-day moving average price of CHK 82.42 and a 200-day moving average price of CHK 76.82. Nestle SA has a 52-week low of CHK 67.00 and a 52-week high of CHK 85.97.
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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 operates in the United States, Greater China Region, Switzerland and Rest of the World.
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