Nestle SA (NESN) Given a CHF 92 Price Target at UBS AG
UBS AG set a CHF 92 price objective on Nestle SA (VTX:NESN) in a research note released on Monday morning, www.boersen-zeitung.de reports. The brokerage currently has a buy rating on the stock.
Other analysts have also issued research reports about the company. Goldman Sachs Group, Inc. (The) set a CHF 81 price objective on Nestle SA and gave the stock a buy rating in a report on Thursday, June 15th. Credit Suisse Group set a CHF 75 price objective on Nestle SA and gave the stock a sell rating in a report on Thursday, June 15th. J P Morgan Chase & Co reissued a buy rating on shares of Nestle SA in a report on Thursday, September 7th. BNP Paribas set a CHF 88 price objective on Nestle SA and gave the stock a neutral rating in a report on Wednesday, September 6th. Finally, Berenberg Bank set a CHF 85 price objective on Nestle SA and gave the stock a neutral rating in a report on Wednesday, June 7th. Two investment analysts have rated the stock with a sell rating, six have given a hold rating and eleven have assigned a buy rating to the company’s stock. The stock has an average rating of Hold and a consensus price target of CHF 86.47.
Shares of Nestle SA (NESN) opened at 83.10 on Monday. The company’s 50 day moving average price is CHK 81.38 and its 200 day moving average price is CHK 80.81. Nestle SA has a 52-week low of CHK 67.00 and a 52-week high of CHK 86.00. The firm has a market capitalization of CHK 257.44 billion and a price-to-earnings ratio of 27.78.
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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