Nestle (VTX:NESN) received a CHF 89 price objective from equities researchers at Societe Generale in a research report issued to clients and investors on Monday. The firm presently has a “neutral” rating on the stock. Societe Generale’s price target indicates a potential upside of 7.72% from the company’s current price.

NESN has been the topic of several other reports. Kepler Capital Markets set a CHF 93 target price on shares of Nestle and gave the stock a “buy” rating in a research report on Tuesday, September 26th. Citigroup set a CHF 93 target price on shares of Nestle and gave the stock a “buy” rating in a research report on Wednesday, September 27th. JPMorgan Chase & Co. set a CHF 97 target price on shares of Nestle and gave the stock a “buy” rating in a research report on Tuesday, November 21st. UBS Group set a CHF 92 target price on shares of Nestle and gave the stock a “buy” rating in a research report on Thursday, October 19th. Finally, Goldman Sachs Group set a CHF 95 target price on shares of Nestle and gave the stock a “buy” rating in a research report on Friday, October 20th. Two investment analysts have rated the stock with a sell rating, seven have assigned a hold rating and ten have assigned a buy rating to the company’s stock. The company has a consensus rating of “Hold” and an average price target of CHF 87.25.

Shares of Nestle (VTX NESN) opened at CHF 82.62 on Monday. Nestle has a 1 year low of CHF 71.45 and a 1 year high of CHF 86.40. The company has a market cap of $257,130.00 and a P/E ratio of 27.54.

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About Nestle

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.

Analyst Recommendations for Nestle (VTX:NESN)

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