Goldman Sachs Group, Inc. (The) Analysts Give Nestle SA (NESN) a CHF 96 Price Target
Nestle SA (VTX:NESN) has been given a CHF 96 target price by equities researchers at Goldman Sachs Group, Inc. (The) in a research note issued to investors on Monday, July 10th. The brokerage currently has a “buy” rating on the stock.
NESN has been the subject of a number of other research reports. UBS AG set a CHF 84 price objective on Nestle SA and gave the stock a “buy” rating in a research report on Wednesday, April 19th. Deutsche Bank AG set a CHF 85 price objective on Nestle SA and gave the stock a “buy” rating in a research report on Friday, April 7th. J P Morgan Chase & Co set a CHF 84 price target on Nestle SA and gave the stock a “buy” rating in a research report on Monday, May 8th. Jefferies Group LLC set a CHF 79 price target on Nestle SA and gave the stock a “neutral” rating in a research report on Monday, March 27th. Finally, Citigroup Inc. set a CHF 88 price target on Nestle SA and gave the stock a “buy” rating in a research report on Tuesday, June 20th. Two analysts have rated the stock with a sell rating, six have given a hold rating and thirteen have issued a buy rating to the company. Nestle SA has a consensus rating of “Buy” and an average price target of CHF 85.60.
Nestle SA (VTX NESN) traded up 0.79% during mid-day trading on Monday, reaching CHK 83.25. The company had a trading volume of 5,223,031 shares. The stock’s 50-day moving average price is CHK 82.75 and its 200 day moving average price is CHK 78.38. Nestle SA has a 52 week low of CHK 67.00 and a 52 week high of CHK 86.00.
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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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