The Morgan Stanley Analysts Give Nestle SA (NESN) a CHF 90 Price Target

The Morgan Stanley Analysts Give Nestle SA (NESN) a CHF 90 Price Target

Morgan Stanley set a CHF 90 price objective on Nestle SA (VTX:NESN) in a research report released on Monday. The firm currently has a a buy rating on the stock.

Several other equities analysts also recently commented on the company. JPMorgan Chase & Co. reiterated a buy rating and issued a target price on shares of Nestle SA in a research report on Thursday, September 22nd. Goldman Sachs Group Inc. set a CHF 65 target price on Nestle SA and gave the company a sell rating in a research report on Friday, August 19th. Berenberg Bank set a CHF 86 target price on Nestle SA and gave the company a buy rating in a research report on Tuesday, August 23rd. Kepler Capital Markets set a CHF 87 target price on Nestle SA and gave the company a buy rating in a research report on Friday, August 19th. Finally, Citigroup Inc. set a CHF 88 target price on Nestle SA and gave the company a buy rating in a research report on Wednesday, August 31st. Two research analysts have rated the stock with a sell rating, five have assigned a hold rating and fourteen have issued a buy rating to the company. Nestle SA currently has a consensus rating of Buy and an average target price of CHF 83.79.

Nestle SA (VTX:NESN) opened at 74.40 on Monday. The company has a 50 day moving average price of CHK 77.23 and a 200 day moving average price of CHK 75.02. Nestle SA has a 12 month low of CHK 69.00 and a 12 month high of CHK 80.05.

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