Nestle (VTX:NESN) received a CHF 95 target price from research analysts at Kepler Capital Markets in a research report issued to clients and investors on Wednesday. The firm currently has a “buy” rating on the stock. Kepler Capital Markets’ price objective indicates a potential upside of 11.31% from the stock’s current price.
A number of other research analysts also recently weighed in on the company. J P Morgan Chase & Co set a CHF 97 price objective on Nestle and gave the company a “buy” rating in a research note on Tuesday. Royal Bank Of Canada set a CHF 87 price objective on Nestle and gave the company a “buy” rating in a research note on Tuesday, October 24th. Goldman Sachs Group set a CHF 95 price objective on Nestle and gave the company a “buy” rating in a research note on Friday, October 20th. UBS set a CHF 92 price objective on Nestle and gave the company a “buy” rating in a research note on Thursday, October 19th. Finally, Baader Bank set a CHF 88 price objective on Nestle and gave the company a “buy” rating in a research note on Thursday, October 19th. Two research analysts have rated the stock with a sell rating, six have issued a hold rating and eleven have given a buy rating to the company’s stock. Nestle presently has a consensus rating of “Hold” and a consensus target price of CHF 87.31.
Nestle (VTX NESN) traded down CHF 0.15 on Wednesday, hitting CHF 85.35. The stock had a trading volume of 5,540,000 shares, compared to its average volume of 5,220,000. Nestle has a 52 week low of CHF 67.85 and a 52 week 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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