Nestle SA (VTX:NESN) has been given a CHF 94 price objective by research analysts at Goldman Sachs Group, Inc. (The) in a research note issued on Thursday. The firm presently has a “buy” rating on the stock.

A number of other brokerages have also issued reports on NESN. J P Morgan Chase & Co set a CHF 93 target price on shares of Nestle SA and gave the stock a “buy” rating in a research report on Tuesday, August 8th. Berenberg Bank set a CHF 90 target price on shares of Nestle SA and gave the stock a “neutral” rating in a research report on Thursday, June 29th. BNP Paribas set a CHF 88 target price on shares of Nestle SA and gave the stock a “neutral” rating in a research report on Wednesday. Credit Suisse Group set a CHF 75 target price on shares of 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 shares of Nestle SA and gave the stock a “buy” rating in a research report on Thursday, June 15th. Two research analysts have rated the stock with a sell rating, five have given a hold rating and eleven have given a buy rating to the company’s stock. The stock has a consensus rating of “Buy” and a consensus price target of CHF 85.97.

Nestle SA (NESN) traded down 0.25% during mid-day trading on Thursday, hitting CHK 80.65. 3,188,808 shares of the stock traded hands. Nestle SA has a 12 month low of CHK 67.00 and a 12 month high of CHK 86.00. The stock’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 251.00 billion and a price-to-earnings ratio of 26.96.

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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.

Analyst Recommendations for Nestle SA (VTX:NESN)

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