Societe Generale Analysts Give Nestlé (NESN) a CHF 84 Price Target

Nestlé (VTX:NESN) has been assigned a CHF 84 price target by stock analysts at Societe Generale in a note issued to investors on Friday. The firm presently has a “neutral” rating on the stock. Societe Generale’s target price would suggest a potential upside of 9.80% from the stock’s current price.

Other analysts have also issued research reports about the company. Baader Bank set a CHF 92 target price on Nestlé and gave the company a “buy” rating in a report on Thursday, July 26th. Goldman Sachs Group set a CHF 94 price objective on Nestlé and gave the company a “buy” rating in a research note on Thursday, July 26th. Kepler Capital Markets set a CHF 90 price objective on Nestlé and gave the company a “buy” rating in a research note on Thursday, July 26th. JPMorgan Chase & Co. set a CHF 95 price objective on Nestlé and gave the company a “buy” rating in a research note on Thursday, July 26th. Finally, Morgan Stanley set a CHF 88 price objective on Nestlé and gave the company a “buy” rating in a research note on Monday, July 9th. One equities research analyst has rated the stock with a sell rating, seven have issued a hold rating and twelve have issued a buy rating to the company’s stock. The company currently has a consensus rating of “Buy” and an average price target of CHF 88.16.

Nestlé stock traded up CHF 0.06 during trading hours on Friday, hitting CHF 76.50. The stock had a trading volume of 15,650,000 shares, compared to its average volume of 6,940,000. Nestlé has a 1-year low of CHF 73.34 and a 1-year 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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