Morgan Stanley reaffirmed their buy rating on shares of Nestle SA (VTX:NESN) in a report published on Monday morning.

Several other brokerages have also issued reports on NESN. Macquarie set a CHF 67 target price on shares of Nestle SA and gave the stock a sell rating in a research report on Thursday, June 30th. RBC Capital Markets set a CHF 92 target price on shares of Nestle SA and gave the stock a buy rating in a research report on Thursday, September 8th. S&P Global Inc. set a CHF 85 target price on shares of Nestle SA and gave the stock a buy rating in a research report on Friday, August 19th. Deutsche Bank AG set a CHF 90 target price on shares of Nestle SA and gave the stock a buy rating in a research report on Friday, September 9th. Finally, Goldman Sachs Group Inc. set a CHF 65 target price on shares of Nestle SA and gave the stock a sell rating in a research report on Tuesday, June 28th. Two investment analysts have rated the stock with a sell rating, five have issued a hold rating and fourteen have given a buy rating to the stock. The stock presently has an average rating of Buy and an average price target of CHF 83.79.

Shares of Nestle SA (VTX:NESN) opened at 74.90 on Monday. The firm’s 50-day moving average price is CHK 77.08 and its 200-day moving average price is CHK 75.11. Nestle SA has a one year low of CHK 69.00 and a one year high of CHK 80.05.

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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