Nestlé (VTX:NESN) has been given a CHF 94 price objective by Jefferies Financial Group in a research note issued to investors on Thursday. The firm currently has a “buy” rating on the stock. Jefferies Financial Group’s target price indicates a potential upside of 22.88% from the company’s previous close.
NESN has been the subject of a number of other reports. Credit Suisse Group set a CHF 70 price objective on Nestlé and gave the company a “sell” rating in a research note on Tuesday, July 17th. Barclays set a CHF 83 price target on Nestlé and gave the stock a “neutral” rating in a report on Tuesday, September 4th. BNP Paribas set a CHF 81 price target on Nestlé and gave the stock a “neutral” rating in a report on Thursday, September 20th. JPMorgan Chase & Co. set a CHF 95 price target on Nestlé and gave the stock a “buy” rating in a report on Thursday, September 20th. Finally, Berenberg Bank set a CHF 84 price target on Nestlé and gave the stock a “neutral” rating in a report on Friday, July 27th. One research analyst has rated the stock with a sell rating, seven have assigned a hold rating and twelve have issued a buy rating to the company’s stock. Nestlé has a consensus rating of “Buy” and a consensus price target of CHF 88.16.
Shares of VTX:NESN opened at CHF 76.50 on Thursday. 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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