Nestle SA (NESN) Given a CHF 75 Price Target at Credit Suisse Group
Nestle SA (VTX:NESN) has been given a CHF 75 price target by investment analysts at Credit Suisse Group in a note issued to investors on Thursday, June 15th. The brokerage currently has a “sell” rating on the stock.
A number of other equities analysts have also recently commented on the company. Societe Generale set a CHF 93 target price on Nestle SA and gave the stock a “buy” rating in a report on Tuesday, May 23rd. Macquarie set a CHF 68 price target on Nestle SA and gave the stock a “sell” rating in a research note on Friday, March 17th. J P Morgan Chase & Co set a CHF 84 price target on Nestle SA and gave the stock a “buy” rating in a research note on Monday, May 8th. Goldman Sachs Group, Inc. (The) set a CHF 81 price target on Nestle SA and gave the stock a “buy” rating in a research note on Friday, April 21st. Finally, Deutsche Bank AG set a CHF 85 price target on Nestle SA and gave the stock a “buy” rating in a research note on Friday, March 24th. Two equities research analysts have rated the stock with a sell rating, six have assigned a hold rating and thirteen have assigned a buy rating to the company. Nestle SA has an average rating of “Buy” and an average price target of CHF 85.12.
Nestle SA (VTX:NESN) traded up 0.24% during trading on Thursday, hitting CHK 84.00. 3,408,006 shares of the company’s stock traded hands. Nestle SA has a 52-week low of CHK 67.00 and a 52-week high of CHK 85.97. The company’s 50 day moving average price is CHK 82.42 and its 200 day moving average price is CHK 76.82.
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Nestle SA Company Profile
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 operates in the United States, Greater China Region, Switzerland and Rest of the World.
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