Nestle (VTX:NESN) has been assigned a CHF 89 price objective by investment analysts at Societe Generale in a note issued to investors on Monday. The brokerage currently has a “neutral” rating on the stock. Societe Generale’s price objective would suggest a potential upside of 7.36% from the company’s previous close.

Several other research analysts also recently commented on NESN. Citigroup set a CHF 93 price objective on shares of Nestle and gave the company a “buy” rating in a research report on Wednesday, September 27th. UBS Group set a CHF 91 price objective on shares of Nestle and gave the company a “buy” rating in a research report on Tuesday, September 26th. Oddo Bhf restated a “buy” rating on shares of Nestle in a research report on Wednesday, September 27th. Deutsche Bank set a CHF 90 price objective on shares of Nestle and gave the company a “buy” rating in a research report on Wednesday, September 27th. Finally, Morgan Stanley set a CHF 90 price objective on shares of Nestle and gave the company a “buy” rating in a research report on Monday, September 25th. Two analysts have rated the stock with a sell rating, seven have assigned a hold rating and ten have issued a buy rating to the company. The company has an average rating of “Hold” and a consensus target price of CHF 87.08.

Shares of Nestle (NESN) traded up CHF 0.42 during mid-day trading on Monday, hitting CHF 82.90. The company had a trading volume of 3,490,000 shares, compared to its average volume of 5,010,000. The company has a market capitalization of $258,000.00 and a PE ratio of 27.63. Nestle has a fifty-two week low of CHF 71.45 and a fifty-two week high of CHF 86.40.

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Nestle Company Profile

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 (VTX:NESN)

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