Nestlé (VTX:NESN) PT Set at CHF 92 by Goldman Sachs Group
A number of other research analysts also recently issued reports on the company. Credit Suisse Group set a CHF 70 price target on Nestlé and gave the company a sell rating in a report on Tuesday, June 5th. Societe Generale set a CHF 82 price target on Nestlé and gave the company a neutral rating in a report on Tuesday, July 3rd. Royal Bank of Canada set a CHF 82 price target on Nestlé and gave the company a buy rating in a report on Monday, July 2nd. Kepler Capital Markets set a CHF 90 price objective on Nestlé and gave the company a buy rating in a research report on Thursday, July 26th. Finally, Baader Bank set a CHF 92 price objective on Nestlé and gave the company a buy rating in a research report on Thursday, July 26th. One equities research analyst has rated the stock with a sell rating, seven have issued a hold rating and twelve have assigned a buy rating to the company. The stock has a consensus rating of Buy and a consensus price target of CHF 88.05.
Shares of VTX NESN traded up CHF 0.06 during mid-day trading on Thursday, hitting CHF 76.50. 15,650,000 shares of the stock traded hands, compared to its average volume of 6,940,000. Nestlé has a 52 week low of CHF 73.34 and a 52 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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