Shares of Nestle SA (VTX:NESN) have received a consensus rating of “Buy” from the twenty-two research firms that are covering the company. Two analysts have rated the stock with a sell recommendation, six have issued a hold recommendation and fourteen have assigned a buy recommendation to the company. The average 1 year price objective among analysts that have updated their coverage on the stock in the last year is CHF 83.14.

Several analysts have recently issued reports on the stock. Credit Suisse Group AG set a CHF 68 target price on shares of Nestle SA and gave the stock a “sell” rating in a research note on Monday. Berenberg Bank set a CHF 85 target price on shares of Nestle SA and gave the stock a “buy” rating in a research note on Monday, October 24th. Barclays PLC set a CHF 83 target price on shares of 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 shares of Nestle SA and gave the stock a “buy” rating in a research note on Friday, October 21st. Finally, Deutsche Bank AG set a CHF 90 target price on shares of Nestle SA and gave the stock a “buy” rating in a research note on Friday, October 21st.

Shares of Nestle SA (VTX:NESN) opened at 67.45 on Monday. The firm has a 50-day moving average of CHK 71.97 and a 200 day moving average of CHK 74.92. Nestle SA has a 52 week low of CHK 67.40 and a 52 week high of CHK 80.05.

TRADEMARK VIOLATION WARNING: This piece was first published by The Cerbat Gem and is the sole property of of The Cerbat Gem. If you are accessing this piece on another website, it was copied illegally and republished in violation of United States and international copyright and trademark law. The correct version of this piece can be accessed at https://www.thecerbatgem.com/2016/11/24/nestle-sa-nesn-receives-chf-83-14-average-pt-from-analysts.html.

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.

Receive News & Stock Ratings for Nestle SA Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Nestle SA and related stocks with our FREE daily email newsletter.