UBS Group set a CHF 116 price target on Nestlé (VTX:NESN) in a research note issued to investors on Thursday, Borsen Zeitung reports. The brokerage currently has a buy rating on the stock.
Other equities research analysts have also issued reports about the company. Sanford C. Bernstein set a CHF 101 price objective on Nestlé and gave the company a neutral rating in a research note on Thursday, October 17th. Jefferies Financial Group set a CHF 107 price objective on Nestlé and gave the company a neutral rating in a research report on Friday, January 24th. Goldman Sachs Group set a CHF 115 price objective on Nestlé and gave the company a buy rating in a research report on Thursday. Credit Suisse Group set a CHF 93 price objective on Nestlé and gave the company a sell rating in a research report on Wednesday, January 15th. Finally, Baader Bank set a CHF 115 price objective on Nestlé and gave the company a buy rating in a research report on Wednesday, December 11th. Two investment analysts have rated the stock with a sell rating, four have given a hold rating and nine have given a buy rating to the stock. The stock has a consensus rating of Hold and a consensus price target of CHF 111.60.
Nestlé has a one year low of CHF 73.34 and a one year high of CHF 86.40.
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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