Nestle SA (VTX:NESN) received a CHF 68 target price from equities research analysts at Credit Suisse Group AG in a research note issued on Monday. The firm currently has a “sell” rating on the stock.

A number of other equities analysts also recently issued reports on the company. Berenberg Bank set a CHF 85 price objective on Nestle SA and gave the stock a “buy” rating in a research report on Monday, October 24th. Barclays PLC set a CHF 83 target price on Nestle SA and gave the stock a “buy” rating in a research note on Friday, October 21st. Kepler Capital Markets set a CHF 85 target price on Nestle SA and gave the stock a “buy” rating in a research note on Friday, October 21st. Deutsche Bank AG set a CHF 90 target price on Nestle SA and gave the stock a “buy” rating in a research note on Friday, October 21st. Finally, Societe Generale set a CHF 85 target price on Nestle SA and gave the stock a “buy” rating in a research note on Friday, October 21st. Two investment analysts have rated the stock with a sell rating, six have issued a hold rating and fourteen have assigned a buy rating to the stock. Nestle SA has a consensus rating of “Buy” and an average price target of CHF 83.45.

Analyst Recommendations for Nestle SA (VTX:NESN)

Shares of Nestle SA (VTX:NESN) opened at 67.40 on Monday. The stock’s 50 day moving average price is CHK 72.24 and its 200-day moving average price is CHK 74.95. Nestle SA has a 52 week low of CHK 67.40 and a 52 week high of CHK 80.05.

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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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