Several other equities research analysts also recently commented on the company. Goldman Sachs Group set a CHF 95 price objective on Nestle and gave the company a buy rating in a report on Thursday, December 7th. Kepler Capital Markets set a CHF 95 price objective on Nestle and gave the stock a buy rating in a research report on Wednesday, December 6th. JPMorgan Chase & Co. set a CHF 97 price objective on Nestle and gave the stock a buy rating in a research report on Tuesday, November 21st. Deutsche Bank set a CHF 95 price objective on Nestle and gave the stock a buy rating in a research report on Tuesday, January 23rd. Finally, UBS Group set a CHF 88 price objective on Nestle and gave the stock a neutral rating in a research report on Thursday, January 11th. Two investment analysts have rated the stock with a sell rating, eight have issued a hold rating and eleven have assigned a buy rating to the company’s stock. The company has an average rating of Hold and a consensus target price of CHF 86.70.
Shares of Nestle (VTX:NESN) opened at CHF 74.88 on Wednesday. Nestle has a 52 week low of CHF 73 and a 52 week high of CHF 86.40. The stock has a market capitalization of $233,040.00 and a P/E ratio of 36.53.
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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