Nestle SA (NESN) Given a CHF 76 Price Target at Credit Suisse Group
Nestle SA (VTX:NESN) received a CHF 76 price objective from equities researchers at Credit Suisse Group in a research report issued on Wednesday. The brokerage currently has a “sell” rating on the stock.
A number of other analysts also recently issued reports on the company. J P Morgan Chase & Co set a CHF 93 price target on Nestle SA and gave the stock a “buy” rating in a research report on Wednesday, September 13th. Deutsche Bank AG set a CHF 90 price target on Nestle SA and gave the stock a “buy” rating in a research report on Monday, September 11th. Goldman Sachs Group, Inc. (The) set a CHF 94 price target on Nestle SA and gave the stock a “buy” rating in a research report on Thursday, September 7th. BNP Paribas set a CHF 88 price target on Nestle SA and gave the stock a “neutral” rating in a research report on Wednesday, September 6th. Finally, Citigroup Inc. set a CHF 88 price target on Nestle SA and gave the stock a “buy” rating in a research report on Thursday, August 3rd. Two investment analysts have rated the stock with a sell rating, five have issued a hold rating and eleven have issued a buy rating to the company’s stock. The stock has a consensus rating of “Buy” and an average price target of CHF 86.31.
Nestle SA (VTX:NESN) traded down 0.19% during midday trading on Wednesday, reaching CHK 80.55. 5,906,092 shares of the company were exchanged. The company has a 50-day moving average of CHK 81.50 and a 200 day moving average of CHK 80.38. The firm has a market capitalization of CHK 249.54 billion and a PE ratio of 26.93. Nestle SA has a 52 week low of CHK 67.00 and a 52 week high of CHK 86.00.
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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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