Sanford C. Bernstein Analysts Give Nestlé (NESN) a CHF 98 Price Target
Sanford C. Bernstein set a CHF 98 price target on Nestlé (VTX:NESN) in a report published on Thursday, Borsen Zeitung reports. The firm currently has a neutral rating on the stock.
Several other equities research analysts have also commented on NESN. Baader Bank set a CHF 94 price target on shares of Nestlé and gave the company a buy rating in a research note on Thursday. Jefferies Financial Group set a CHF 102 price objective on shares of Nestlé and gave the company a buy rating in a report on Thursday. Morgan Stanley set a CHF 105 price objective on shares of Nestlé and gave the company a buy rating in a report on Thursday, April 11th. Deutsche Bank set a CHF 105 price objective on shares of Nestlé and gave the company a buy rating in a report on Thursday. Finally, Bank of America set a CHF 111 price objective on shares of Nestlé and gave the company a buy rating in a report on Friday, April 5th. One investment analyst has rated the stock with a sell rating, four have issued a hold rating and thirteen have issued a buy rating to the company’s stock. The company has an average rating of Buy and an average target price of CHF 97.29.
Nestlé has a 12 month low of CHF 73.34 and a 12 month high of CHF 86.40.
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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