Macquarie set a CHF 68 price target on Nestle SA (VTX:NESN) in a research note released on Friday. The brokerage currently has a sell rating on the stock.

Other analysts also recently issued reports about the company. Deutsche Bank AG set a CHF 90 price objective on Nestle SA and gave the stock a buy rating in a report on Tuesday, December 13th. JPMorgan Chase & Co. set a CHF 78 price objective on Nestle SA and gave the stock a buy rating in a report on Wednesday, December 7th. Goldman Sachs Group Inc set a CHF 82 price objective on Nestle SA and gave the stock a buy rating in a report on Friday, December 2nd. Berenberg Bank set a CHF 82 price objective on Nestle SA and gave the stock a buy rating in a report on Tuesday, November 29th. Finally, Barclays PLC set a CHF 81 price target on Nestle SA and gave the company a buy rating in a report 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 presently has a consensus rating of Buy and an average price target of CHF 81.08.

Shares of Nestle SA (VTX:NESN) traded up 0.19% during mid-day trading on Friday, reaching CHK 77.35. The company’s stock had a trading volume of 4,166,265 shares. Nestle SA has a 52 week low of CHK 67.00 and a 52 week high of CHK 80.05. The firm has a 50-day moving average of CHK 74.17 and a 200-day moving average of CHK 73.55.

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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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