Nestlé (VTX:NESN) has been assigned a CHF 116 price target by UBS Group in a research note issued to investors on Thursday, Borsen Zeitung reports. The brokerage currently has a “buy” rating on the stock.
NESN has been the subject of a number of other research reports. Sanford C. Bernstein set a CHF 101 target price on Nestlé and gave the stock a “neutral” rating in a report on Thursday, October 17th. JPMorgan Chase & Co. set a CHF 120 price target on Nestlé and gave the company a “buy” rating in a research note on Thursday. Goldman Sachs Group set a CHF 115 price target on Nestlé and gave the company a “buy” rating in a research note on Thursday. Kepler Capital Markets set a CHF 120 price target on Nestlé and gave the company a “buy” rating in a research note on Thursday. Finally, Credit Suisse Group set a CHF 93 price target on Nestlé and gave the company a “sell” rating in a research note on Wednesday, January 15th. Two equities research analysts have rated the stock with a sell rating, four have issued a hold rating and nine have given a buy rating to the stock. Nestlé presently has an average rating of “Hold” and a consensus target price of CHF 111.60.
Nestlé has a fifty-two week low of CHF 73.34 and a fifty-two 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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