Kepler Capital Markets set a CHF 95 price objective on Nestle (VTX:NESN) in a research note published on Wednesday, December 6th. The brokerage currently has a buy rating on the stock.
Several other equities analysts have also issued reports on NESN. J P Morgan Chase & Co set a CHF 93 target price on shares of Nestle and gave the company a buy rating in a report on Tuesday, August 8th. BNP Paribas set a CHF 88 target price on shares of Nestle and gave the stock a neutral rating in a report on Wednesday, September 6th. Goldman Sachs Group set a CHF 94 price objective on shares of Nestle and gave the stock a buy rating in a research report on Thursday, September 7th. Deutsche Bank set a CHF 90 price objective on shares of Nestle and gave the stock a buy rating in a research report on Monday, September 11th. Finally, Credit Suisse Group set a CHF 76 target price on shares of Nestle and gave the company a sell rating in a research report on Wednesday, September 20th. Two equities research analysts have rated the stock with a sell rating, six have issued a hold rating and eleven have issued a buy rating to the stock. Nestle has an average rating of Hold and an average price target of CHF 87.31.
Shares of Nestle (VTX NESN) traded up CHF 0.10 during trading on Wednesday, hitting CHF 83.60. 3,460,000 shares of the company traded hands, compared to its average volume of 5,970,000. Nestle has a one year low of CHF 71.45 and a one year high of CHF 86.40. The company has a market capitalization of $260,180.00 and a PE ratio of 27.87.
Nestle 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.