Trade Report: Today, Nestle SA (NESN) PT Set at CHF 82 by Berenberg Bank

Today, Nestle SA (NESN) PT Set at CHF 82 by Berenberg Bank

Nestle SA (VTX:NESN) has been assigned a CHF 82 target price by investment analysts at Berenberg Bank in a report issued on Tuesday. The firm presently has a “buy” rating on the stock.

Other equities analysts have also issued research reports about the stock. Credit Suisse Group AG set a CHF 68 price target on shares of Nestle SA and gave the company a “sell” rating in a research report on Monday, November 21st. JPMorgan Chase & Co. reissued a “buy” rating and issued a price target on shares of Nestle SA in a research report on Thursday, September 22nd. Morgan Stanley reissued a “buy” rating on shares of Nestle SA in a research report on Monday, October 17th. Goldman Sachs Group Inc. set a CHF 65 price target on shares of Nestle SA and gave the company a “sell” rating in a research report on Friday, August 19th. Finally, Kepler Capital Markets set a CHF 85 price target on shares of Nestle SA and gave the company a “buy” rating in a research report on Friday, October 21st. Two research analysts have rated the stock with a sell rating, six have assigned a hold rating and fourteen have assigned a buy rating to the stock. Nestle SA presently has an average rating of “Buy” and a consensus price target of CHF 83.32.

Nestle SA (VTX:NESN) opened at 68.20 on Tuesday. Nestle SA has a 1-year low of CHK 67.15 and a 1-year high of CHK 80.05. The firm’s 50-day moving average is CHK 71.36 and its 200-day moving average is CHK 74.85.

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