A number of other equities research analysts also recently issued reports on NESN. UBS AG reaffirmed a buy rating on shares of Nestle SA in a research note on Friday, May 26th. Citigroup Inc. set a CHF 88 price target on shares of Nestle SA and gave the company a buy rating in a research note on Thursday, August 3rd. S&P Global set a CHF 90 price target on shares of Nestle SA and gave the company a buy rating in a research note on Thursday, June 15th. Goldman Sachs Group, Inc. (The) set a CHF 81 target price on shares of Nestle SA and gave the company a buy rating in a research note on Thursday, June 15th. Finally, Berenberg Bank set a CHF 85 target price on shares of Nestle SA and gave the company a neutral rating in a research note on Wednesday, June 7th. Two investment analysts have rated the stock with a sell rating, six have assigned a hold rating and thirteen have assigned a buy rating to the company. The company presently has an average rating of Buy and an average target price of CHF 85.60.
Nestle SA (VTX:NESN) opened at 80.85 on Tuesday. The company has a market cap of CHK 250.47 billion and a price-to-earnings ratio of 27.03. The company’s 50 day moving average is CHK 82.51 and its 200 day moving average is CHK 79.14. Nestle SA has a 12-month low of CHK 67.00 and a 12-month high of CHK 86.00.
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About Nestle SA
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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