Nestle SA (NESN) PT Set at CHF 81 by Goldman Sachs Group Inc

Nestle SA (VTX:NESN) has been assigned a CHF 81 price objective by analysts at Goldman Sachs Group Inc in a research note issued to investors on Friday. The brokerage currently has a “buy” rating on the stock.

A number of other equities research analysts also recently weighed in on the stock. Baader Bank set a CHF 79 price target on shares of Nestle SA and gave the company a “buy” rating in a research note on Friday, February 17th. Kepler Capital Markets set a CHF 83 price target on shares of Nestle SA and gave the company a “buy” rating in a research note on Friday, February 17th. JPMorgan Chase & Co. set a CHF 78 price target on shares of Nestle SA and gave the company a “buy” rating in a research note on Wednesday, January 25th. Royal Bank of Canada set a CHF 77 price target on shares of Nestle SA and gave the company a “buy” rating in a research note on Friday, February 17th. Finally, Deutsche Bank AG set a CHF 85 price target on shares of Nestle SA and gave the company a “buy” rating in a research note on Friday, February 17th. Two research analysts have rated the stock with a sell rating, four have assigned a hold rating and fourteen have issued a buy rating to the stock. Nestle SA has a consensus rating of “Buy” and an average price target of CHF 81.08.

Analyst Recommendations for Nestle SA (VTX:NESN)

Nestle SA (VTX:NESN) opened at 77.45 on Friday. The stock’s 50 day moving average is CHK 74.29 and its 200-day moving average is CHK 73.49. Nestle SA has a 12 month low of CHK 67.00 and a 12 month high of CHK 80.05.

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Nestle SA 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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