Nestlé (VTX:NESN) PT Set at CHF 117 by UBS Group

UBS Group set a CHF 117 target price on Nestlé (VTX:NESN) in a research note published on Thursday, Borsen Zeitung reports. The brokerage currently has a buy rating on the stock.

Other equities research analysts have also recently issued reports about the stock. Berenberg Bank set a CHF 115 price objective on shares of Nestlé and gave the company a buy rating in a research note on Monday, July 29th. Sanford C. Bernstein set a CHF 100 price objective on shares of Nestlé and gave the company a neutral rating in a research note on Wednesday, September 18th. JPMorgan Chase & Co. reissued a buy rating on shares of Nestlé in a research note on Monday, September 2nd. Kepler Capital Markets set a CHF 115 price objective on shares of Nestlé and gave the company a buy rating in a research note on Tuesday, June 25th. Finally, Goldman Sachs Group set a CHF 118 price objective on shares of Nestlé and gave the company a buy rating in a research note on Monday, September 2nd. One investment analyst has rated the stock with a sell rating, five have assigned a hold rating and eleven have assigned a buy rating to the stock. The company presently has an average rating of Buy and a consensus price target of CHF 108.59.

Nestlé has a 12 month low of CHF 73.34 and a 12 month 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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Analyst Recommendations for Nestlé (VTX:NESN)

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