Barclays set a CHF 83 price objective on Nestlé (VTX:NESN) in a report released on Tuesday morning. The brokerage currently has a neutral rating on the stock.

NESN has been the subject of several other research reports. Deutsche Bank set a CHF 95 price objective on shares of Nestlé and gave the stock a buy rating in a report on Thursday, July 5th. Jefferies Financial Group set a CHF 88.50 price objective on shares of Nestlé and gave the stock a neutral rating in a report on Friday, August 17th. Morgan Stanley set a CHF 88 price objective on shares of Nestlé and gave the stock a buy rating in a report on Friday, May 18th. JPMorgan Chase & Co. set a CHF 95 price objective on shares of Nestlé and gave the stock a buy rating in a report on Tuesday, June 19th. Finally, Credit Suisse Group set a CHF 70 price objective on shares of Nestlé and gave the stock a sell rating in a report on Tuesday, July 17th. Two equities research analysts have rated the stock with a sell rating, seven have assigned a hold rating and twelve have given a buy rating to the company’s stock. The company has an average rating of Hold and a consensus target price of CHF 87.45.

NESN stock opened at CHF 76.50 on Tuesday. Nestlé has a fifty-two week low of CHF 73.34 and a fifty-two week high of CHF 86.40.

About Nestlé

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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