Nestlé (VTX:NESN) Given a CHF 88.50 Price Target at Jefferies Financial Group
Other equities research analysts also recently issued research reports about the stock. Goldman Sachs Group set a CHF 96 target price on shares of Nestlé and gave the stock a buy rating in a research note on Thursday, April 19th. JPMorgan Chase & Co. set a CHF 97 price objective on shares of Nestlé and gave the company a buy rating in a research report on Monday, April 23rd. Deutsche Bank restated a buy rating on shares of Nestlé in a research report on Friday, April 20th. Royal Bank of Canada set a CHF 82 price objective on shares of Nestlé and gave the company a buy rating in a research report on Wednesday, April 4th. Finally, Kepler Capital Markets set a CHF 90 price objective on shares of Nestlé and gave the company a buy rating in a research report on Monday, May 7th. Two investment analysts have rated the stock with a sell rating, seven have given a hold rating and twelve have given a buy rating to the company. The stock presently has an average rating of Hold and a consensus target price of CHF 87.54.
Shares of NESN traded up CHF 0.06 during mid-day trading on Friday, hitting CHF 76.50. 15,650,000 shares of the company’s stock were exchanged, compared to its average volume of 6,940,000. Nestlé has a fifty-two week low of CHF 73.34 and a fifty-two week 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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