Nestlé (NESN) Receives CHF 88.33 Average Target Price from Analysts

Shares of Nestlé (VTX:NESN) have been given a consensus rating of “Buy” by the twenty brokerages that are covering the stock, MarketBeat Ratings reports. One investment analyst has rated the stock with a sell recommendation, six have issued a hold recommendation and thirteen have issued a buy recommendation on the company. The average 1 year price objective among brokerages that have issued ratings on the stock in the last year is CHF 88.33.

Several equities research analysts have recently commented on NESN shares. Jefferies Financial Group set a CHF 94 price target on shares of Nestlé and gave the company a “buy” rating in a report on Tuesday, October 2nd. JPMorgan Chase & Co. set a CHF 100 price target on shares of Nestlé and gave the company a “buy” rating in a report on Monday, December 10th. Goldman Sachs Group set a CHF 94 price target on shares of Nestlé and gave the company a “buy” rating in a report on Monday, October 8th. Baader Bank set a CHF 92 price target on shares of Nestlé and gave the company a “buy” rating in a report on Monday, December 31st. Finally, Sanford C. Bernstein set a CHF 84 price target on shares of Nestlé and gave the company a “neutral” rating in a report on Monday, September 24th.

Nestlé has a twelve month low of CHF 73.34 and a twelve month high of CHF 86.40.

About Nestlé

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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Analyst Recommendations for Nestlé (VTX:NESN)

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