Nestle SA (NESN) Given a CHF 90 Price Target at Morgan Stanley
NESN has been the subject of several other reports. JPMorgan Chase & Co. restated a buy rating and issued a price objective on shares of Nestle SA in a report on Thursday, September 22nd. Goldman Sachs Group Inc. set a CHF 65 price objective on Nestle SA and gave the company a sell rating in a report on Friday, August 19th. Berenberg Bank set a CHF 86 price objective on Nestle SA and gave the company a buy rating in a report on Tuesday, August 23rd. Kepler Capital Markets set a CHF 87 price objective on Nestle SA and gave the company a buy rating in a report on Friday, August 19th. Finally, Citigroup Inc. set a CHF 88 price objective on Nestle SA and gave the company a buy rating in a report on Wednesday, August 31st. Two equities research analysts have rated the stock with a sell rating, five have assigned a hold rating and fourteen have issued a buy rating to the company. The stock currently has a consensus rating of Buy and a consensus target price of CHF 83.79.
Shares of Nestle SA (VTX:NESN) traded down 0.07% during trading on Monday, hitting CHK 75.65. 2,722,410 shares of the stock traded hands. Nestle SA has a 52-week low of CHK 69.00 and a 52-week high of CHK 80.05. The stock has a 50 day moving average of CHK 77.49 and a 200 day moving average of CHK 74.99.
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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