Royal Bank of Canada set a CHF 98 price objective on Nestlé (VTX:NESN) in a report published on Friday morning, Borsen Zeitung reports. The firm currently has a neutral rating on the stock.
Other research analysts have also recently issued reports about the company. JPMorgan Chase & Co. reiterated an overweight rating on shares of in a report on Tuesday, June 25th. Goldman Sachs Group set a €28.60 ($33.26) price objective on Hapag-Lloyd and gave the company a neutral rating in a report on Thursday, May 16th. UBS Group cut Telstra from a buy rating to a neutral rating in a report on Monday, July 1st. Baader Bank set a €10.20 ($11.86) price objective on Deutz and gave the company a buy rating in a report on Wednesday, April 24th. Finally, Bank of America reiterated a neutral rating and issued a $105.00 price objective (up from $95.00) on shares of Childrens Place in a report on Friday, April 5th. One investment analyst has rated the stock with a sell rating, five have issued a hold rating and twelve have given a buy rating to the stock. The stock presently has an average rating of Buy and an average price target of CHF 102.39.
Nestlé has a 52-week low of CHF 73.34 and a 52-week high of CHF 86.40.
Nestlé 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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