Nestle (NESN) PT Set at CHF 95 by Goldman Sachs Group
Nestle (VTX:NESN) has been given a CHF 95 price objective by equities research analysts at Goldman Sachs Group in a report issued on Thursday. The firm presently has a “buy” rating on the stock. Goldman Sachs Group’s price target points to a potential upside of 10.27% from the stock’s previous close.
A number of other equities analysts have also commented on the company. Royal Bank Of Canada set a CHF 87 price target on Nestle and gave the company a “buy” rating in a research note on Tuesday, October 24th. J P Morgan Chase & Co set a CHF 95 price target on Nestle and gave the company a “buy” rating in a research note on Thursday, October 19th. BNP Paribas set a CHF 88 price target on Nestle and gave the company a “neutral” rating in a research note on Wednesday, September 6th. UBS set a CHF 92 price target on Nestle and gave the company a “buy” rating in a research note on Thursday, October 19th. Finally, Deutsche Bank set a CHF 90 price target on Nestle and gave the company a “buy” rating in a research note on Monday, September 11th. Two research analysts have rated the stock with a sell rating, six have given a hold rating and eleven have given a buy rating to the company’s stock. The stock has a consensus rating of “Hold” and an average target price of CHF 87.31.
Nestle (VTX:NESN) opened at CHF 86.15 on Thursday. Nestle has a one year low of CHF 67.75 and a one year high of CHF 86.40.
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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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