Nestle (NESN) Given a CHF 85 Price Target at Sanford C. Bernstein

Nestle (VTX:NESN) has been given a CHF 85 price target by research analysts at Sanford C. Bernstein in a report released on Thursday. The brokerage currently has a “neutral” rating on the stock. Sanford C. Bernstein’s target price would indicate a potential upside of 12.76% from the stock’s previous close.

NESN has been the subject of several other reports. Royal Bank of Canada set a CHF 87 target price on shares of Nestle and gave the company a “buy” rating in a research note on Tuesday, October 24th. Goldman Sachs Group set a CHF 95 target price on shares of Nestle and gave the company a “buy” rating in a research note on Thursday, December 7th. Kepler Capital Markets set a CHF 95 target price on shares of Nestle and gave the company a “buy” rating in a research note on Wednesday, December 6th. JPMorgan Chase & Co. set a CHF 97 target price on shares of Nestle and gave the company a “buy” rating in a research note on Tuesday, December 5th. Finally, UBS Group set a CHF 88 target price on shares of Nestle and gave the company a “neutral” rating in a research note on Thursday, January 11th. Two research analysts have rated the stock with a sell rating, nine have assigned a hold rating and ten have issued a buy rating to the stock. Nestle currently has a consensus rating of “Hold” and a consensus price target of CHF 87.48.

Nestle (VTX NESN) opened at CHF 75.38 on Thursday. Nestle has a 12 month low of CHF 71.45 and a 12 month high of CHF 86.40. The stock has a market cap of $234,590.00 and a price-to-earnings ratio of 25.13.

ILLEGAL ACTIVITY NOTICE: This piece was published by American Banking News and is the sole property of of American Banking News. If you are accessing this piece on another domain, it was illegally stolen and reposted in violation of US and international trademark and copyright law. The correct version of this piece can be accessed at https://www.americanbankingnews.com/2018/02/15/nestle-nesn-given-a-chf-85-price-target-at-sanford-c-bernstein.html.

About Nestle

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)

Receive News & Ratings for Nestle Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Nestle and related companies with MarketBeat.com's FREE daily email newsletter.

Leave a Reply