Nestle (VTX:NESN)‘s stock had its “neutral” rating reaffirmed by research analysts at Bryan, Garnier & Co in a research report issued on Thursday.
Several other research analysts also recently issued reports on the company. JPMorgan Chase & Co. reaffirmed a “buy” rating and set a price target on shares of Nestle in a research note on Wednesday. Goldman Sachs Group set a CHF 97 price target on Nestle and gave the stock a “buy” rating in a research note on Wednesday, February 7th. BNP Paribas set a CHF 86 price target on Nestle and gave the stock a “neutral” rating in a research note on Wednesday, January 31st. Deutsche Bank set a CHF 95 price target on Nestle and gave the stock a “buy” rating in a research note on Tuesday, January 23rd. Finally, Barclays set a CHF 84.60 target price on shares of Nestle and gave the company a “neutral” rating in a research note on Monday, January 22nd. Two investment analysts have rated the stock with a sell rating, nine have issued a hold rating and ten have issued a buy rating to the stock. The stock currently has an average rating of “Hold” and a consensus price target of CHF 87.48.
Nestle (NESN) opened at CHF 75.38 on Thursday. The stock has a market capitalization of $234,590.00 and a price-to-earnings ratio of 25.13. Nestle has a one year low of CHF 71.45 and a one year high of CHF 86.40.
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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