Goldman Sachs Group Inc. set a CHF 90 price target on Nestle SA (VTX:NESN) in a research note issued to investors on Friday. The brokerage currently has a a buy rating on the stock.
Other equities research analysts have also issued research reports about the company. HSBC set a CHF 73 price objective on Nestle SA and gave the company a neutral rating in a report on Thursday, June 30th. Morgan Stanley set a CHF 85 price target on Nestle SA and gave the stock a buy rating in a research note on Wednesday, August 17th. JPMorgan Chase & Co. reissued a buy rating and set a price target on shares of Nestle SA in a research note on Tuesday, June 28th. Barclays PLC set a CHF 82 price target on Nestle SA and gave the stock a buy rating in a research note on Friday, July 8th. Finally, BNP Paribas set a CHF 74 price target on Nestle SA and gave the stock a sell rating in a research note on Monday, June 27th. Two investment analysts have rated the stock with a sell rating, five have assigned a hold rating and fourteen have assigned a buy rating to the stock. The stock has an average rating of Buy and a consensus target price of CHF 83.79.
Nestle SA (VTX:NESN) traded down 0.80% during midday trading on Friday, reaching CHK 74.70. The company’s stock had a trading volume of 3,038,344 shares. The firm’s 50-day moving average price is CHK 77.17 and its 200-day moving average price is CHK 75.05. Nestle SA has a 52 week low of CHK 69.00 and a 52 week high of CHK 80.05.