Royal Bank of Canada set a CHF 91 target price on Nestlé (VTX:NESN) in a research note issued to investors on Thursday morning, Borsen Zeitung reports. The brokerage currently has a sell rating on the stock.
Other equities research analysts have also issued research reports about the stock. JPMorgan Chase & Co. set a CHF 120 price target on shares of Nestlé and gave the company a buy rating in a research report on Thursday. Credit Suisse Group set a CHF 93 target price on shares of Nestlé and gave the company a sell rating in a research report on Wednesday, January 15th. Barclays set a CHF 115 target price on shares of Nestlé and gave the company a buy rating in a research report on Thursday. Kepler Capital Markets set a CHF 120 target price on shares of Nestlé and gave the company a buy rating in a report on Thursday. Finally, Baader Bank set a CHF 115 target price on Nestlé and gave the company a buy rating in a research report on Wednesday, December 11th. Two investment analysts have rated the stock with a sell rating, four have issued a hold rating and nine have assigned a buy rating to the company. The company presently has a consensus rating of Hold and an average target price of CHF 111.60.
Nestlé has a 12-month low of CHF 73.34 and a 12-month 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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