Nestle SA (NESN) PT Set at CHF 68 by Macquarie

Nestle SA (VTX:NESN) received a CHF 68 price objective from research analysts at Macquarie in a report issued on Friday. The brokerage currently has a “sell” rating on the stock.

A number of other research firms also recently issued reports on NESN. Deutsche Bank AG set a CHF 90 price objective on Nestle SA and gave the stock a “buy” rating in a research note on Tuesday, January 17th. JPMorgan Chase & Co. reaffirmed a “buy” rating on shares of Nestle SA in a research note on Tuesday, January 31st. Goldman Sachs Group Inc set a CHF 82 price objective on Nestle SA and gave the stock a “buy” rating in a research note on Friday, February 3rd. BNP Paribas set a CHF 75 price objective on Nestle SA and gave the stock a “neutral” rating in a research note on Friday, February 17th. Finally, Barclays PLC set a CHF 81 price objective on Nestle SA and gave the stock a “buy” rating in a research note on Monday, January 23rd. Two equities research analysts have rated the stock with a sell rating, four have issued a hold rating and fourteen have assigned a buy rating to the company. Nestle SA currently has a consensus rating of “Buy” and a consensus price target of CHF 81.08.

Analyst Recommendations for Nestle SA (VTX:NESN)

Shares of Nestle SA (VTX:NESN) opened at 77.45 on Friday. Nestle SA has a 1-year low of CHK 67.00 and a 1-year high of CHK 80.05. The stock’s 50 day moving average price is CHK 74.29 and its 200-day moving average price is CHK 73.49.

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About Nestle SA

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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