Nestle SA (NESN) Given a CHF 88 Price Target by BNP Paribas Analysts
Nestle SA (VTX:NESN) has been assigned a CHF 88 price target by investment analysts at BNP Paribas in a research note issued to investors on Wednesday. The firm presently has a “neutral” rating on the stock.
Several other research firms also recently weighed in on NESN. J P Morgan Chase & Co set a CHF 93 target price on Nestle SA and gave the company a “buy” rating in a research report on Tuesday, August 8th. Berenberg Bank set a CHF 90 price objective on Nestle SA and gave the stock a “neutral” rating in a research report on Thursday, June 29th. Credit Suisse Group set a CHF 75 price objective on Nestle SA and gave the stock a “sell” rating in a research report on Thursday, June 15th. S&P Global set a CHF 90 price objective on Nestle SA and gave the stock a “buy” rating in a research report on Thursday, June 15th. Finally, Kepler Capital Markets set a CHF 95 price objective on Nestle SA and gave the stock a “buy” rating in a research report on Tuesday, July 4th. Two investment analysts have rated the stock with a sell rating, five have given a hold rating and eleven have issued a buy rating to the stock. The stock currently has an average rating of “Buy” and a consensus target price of CHF 85.97.
Nestle SA (VTX:NESN) traded down 0.25% during trading on Wednesday, hitting CHK 80.65. The stock had a trading volume of 3,188,808 shares. Nestle SA has a 12 month low of CHK 67.00 and a 12 month high of CHK 86.00. The company’s 50 day moving average is CHK 81.69 and its 200-day moving average is CHK 79.97. The company has a market cap of CHK 249.85 billion and a PE ratio of 26.96.
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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