Nestle SA (NESN) Given a CHF 90 Price Target by Goldman Sachs Group Inc. Analysts
Nestle SA (VTX:NESN) received a CHF 90 target price from Goldman Sachs Group Inc. in a report released on Friday. The brokerage currently has a a “buy” rating on the stock.
A number of other brokerages have also recently commented on NESN. Morgan Stanley set a CHF 85 target price on shares of Nestle SA and gave the company a “buy” rating in a report on Tuesday, June 28th. JPMorgan Chase & Co. restated a “buy” rating and set a target price on shares of Nestle SA in a report on Tuesday, June 28th. Citigroup Inc. restated a “buy” rating on shares of Nestle SA in a report on Tuesday, June 28th. Barclays PLC set a CHF 82 target price on shares of Nestle SA and gave the company a “buy” rating in a report on Friday, July 8th. Finally, Kepler Capital Markets set a CHF 82 target price on shares of Nestle SA and gave the company a “buy” rating in a report on Friday, July 1st. Two analysts have rated the stock with a sell rating, five have given a hold rating and fourteen have issued a buy rating to the company. Nestle SA currently has a consensus rating of “Buy” and an average target price of CHF 83.55.
Shares of Nestle SA (VTX:NESN) opened at 75.80 on Friday. Nestle SA has a one year low of CHK 69.00 and a one year high of CHK 80.05. The company’s 50 day moving average is CHK 77.71 and its 200 day moving average is CHK 74.89.
About Nestle SA
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’s product categories include powered and liquid beverages; water; milk products and ice cream; nutrition and health science; confectionery, and PetCare.
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