UBS Group set a CHF 117 price objective on Nestlé (VTX:NESN) in a research note released on Thursday morning, Borsen Zeitung reports. The firm currently has a buy rating on the stock.
NESN has been the topic of several other reports. Deutsche Bank set a CHF 120 price objective on shares of Nestlé and gave the company a neutral rating in a research report on Monday, September 9th. Royal Bank of Canada set a CHF 98 price objective on shares of Nestlé and gave the company a neutral rating in a research report on Friday, July 12th. Barclays restated a buy rating on shares of Nestlé in a research report on Tuesday, September 10th. HSBC set a CHF 109 price objective on shares of Nestlé and gave the company a neutral rating in a research report on Monday, July 29th. Finally, Jefferies Financial Group set a CHF 121 price objective on shares of Nestlé and gave the company a buy rating in a research report on Friday, August 9th. One investment analyst has rated the stock with a sell rating, five have issued a hold rating and eleven have given a buy rating to the stock. The stock presently has a consensus rating of Buy and an average price target of CHF 108.59.
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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