Nestle SA (VTX:NESN) has been given a CHF 82 target price by stock analysts at Berenberg Bank in a note issued to investors on Tuesday. The brokerage presently has a “buy” rating on the stock.
Several other equities analysts have also weighed in on the stock. Goldman Sachs Group Inc. set a CHF 90 target price on shares of Nestle SA and gave the company a “buy” rating in a report on Friday, October 7th. Credit Suisse Group AG set a CHF 67.50 target price on shares of Nestle SA and gave the company a “sell” rating in a report on Monday, August 8th. Sanford C. Bernstein set a CHF 80 price target on shares of Nestle SA and gave the stock a “neutral” rating in a research note on Wednesday, September 7th. JPMorgan Chase & Co. reaffirmed a “buy” rating and set a price target on shares of Nestle SA in a research note on Thursday, September 22nd. Finally, Bank of America Corp. set a CHF 97 price target on shares of Nestle SA and gave the stock a “buy” rating in a research note on Tuesday, September 6th. Two research analysts have rated the stock with a sell rating, six have issued a hold rating and fourteen have assigned a buy rating to the stock. Nestle SA currently has an average rating of “Buy” and a consensus target price of CHF 83.32.
Shares of Nestle SA (VTX:NESN) opened at 68.10 on Tuesday. Nestle SA has a 52 week low of CHK 67.15 and a 52 week high of CHK 80.05. The stock’s 50 day moving average is CHK 71.36 and its 200 day moving average is CHK 74.85.