Nestlé (NESN) Given a CHF 95 Price Target at Goldman Sachs Group

Goldman Sachs Group set a CHF 95 price objective on Nestlé (VTX:NESN) in a research report report published on Thursday. The brokerage currently has a buy rating on the stock.

A number of other brokerages have also commented on NESN. UBS Group set a CHF 80 price target on shares of Nestlé and gave the stock a neutral rating in a report on Thursday, July 26th. Baader Bank set a CHF 92 price target on shares of Nestlé and gave the stock a buy rating in a report on Thursday, July 26th. Kepler Capital Markets set a CHF 90 price target on shares of Nestlé and gave the stock a buy rating in a report on Thursday, July 26th. JPMorgan Chase & Co. set a CHF 95 price target on shares of Nestlé and gave the stock a buy rating in a report on Thursday, July 26th. Finally, Credit Suisse Group set a CHF 70 price target on shares of Nestlé and gave the stock a sell rating in a report on Tuesday, July 17th. One equities research analyst has rated the stock with a sell rating, seven have given a hold rating and twelve have issued a buy rating to the company. The stock has an average rating of Buy and an average price target of CHF 88.16.

Nestlé stock traded up CHF 0.06 during midday trading on Thursday, reaching CHF 76.50. 15,650,000 shares of the stock were exchanged, compared to its average volume of 6,940,000. Nestlé has a 52 week low of CHF 73.34 and a 52 week high of CHF 86.40.

Nestlé Company Profile

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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