Goldman Sachs Group, Inc. (The) Reiterates “CHF 95” Price Target for Nestle SA (NESN)

Nestle SA (VTX:NESN) has been assigned a CHF 95 target price by stock analysts at Goldman Sachs Group, Inc. (The) in a report released on Tuesday. The brokerage currently has a “buy” rating on the stock.

A number of other brokerages have also commented on NESN. Kepler Capital Markets set a CHF 95 price objective on shares of Nestle SA and gave the stock a “buy” rating in a report on Tuesday, July 4th. Berenberg Bank set a CHF 90 price objective on shares of Nestle SA and gave the stock a “neutral” rating in a report on Thursday, June 29th. Jefferies Group LLC set a CHF 80 price objective on shares of Nestle SA and gave the stock a “neutral” rating in a report on Wednesday, June 28th. UBS AG set a CHF 84 price objective on shares of Nestle SA and gave the stock a “buy” rating in a report on Wednesday, June 28th. Finally, S&P Global set a CHF 95 price objective on shares of Nestle SA and gave the stock a “buy” rating in a report on Tuesday, June 27th. Two equities research analysts have rated the stock with a sell rating, six have issued a hold rating and eleven have assigned a buy rating to the company’s stock. The stock has an average rating of “Hold” and an average target price of CHF 86.75.

Shares of Nestle SA (NESN) opened at 83.40 on Tuesday. The firm’s 50 day moving average is CHK 81.46 and its 200-day moving average is CHK 80.95. Nestle SA has a 52-week low of CHK 67.00 and a 52-week high of CHK 86.00. The company has a market capitalization of CHK 258.37 billion and a P/E ratio of 27.88.

COPYRIGHT VIOLATION NOTICE: “Goldman Sachs Group, Inc. (The) Reiterates “CHF 95” Price Target for Nestle SA (NESN)” was originally reported by The Ledger Gazette and is the sole property of of The Ledger Gazette. If you are reading this report on another site, it was illegally copied and republished in

A number of other brokerages have also commented on NESN. Kepler Capital Markets set a CHF 95 price objective on shares of Nestle SA and gave the stock a “buy” rating in a report on Tuesday, July 4th. Berenberg Bank set a CHF 90 price objective on shares of Nestle SA and gave the stock a “neutral” rating in a report on Thursday, June 29th. Jefferies Group LLC set a CHF 80 price objective on shares of Nestle SA and gave the stock a “neutral” rating in a report on Wednesday, June 28th. UBS AG set a CHF 84 price objective on shares of Nestle SA and gave the stock a “buy” rating in a report on Wednesday, June 28th. Finally, S&P Global set a CHF 95 price objective on shares of Nestle SA and gave the stock a “buy” rating in a report on Tuesday, June 27th. Two equities research analysts have rated the stock with a sell rating, six have issued a hold rating and eleven have assigned a buy rating to the company’s stock. The stock has an average rating of “Hold” and an average target price of CHF 86.75.

Shares of Nestle SA (NESN) opened at 83.40 on Tuesday. The firm’s 50 day moving average is CHK 81.46 and its 200-day moving average is CHK 80.95. Nestle SA has a 52-week low of CHK 67.00 and a 52-week high of CHK 86.00. The company has a market capitalization of CHK 258.37 billion and a P/E ratio of 27.88.

COPYRIGHT VIOLATION NOTICE: “Goldman Sachs Group, Inc. (The) Reiterates “CHF 95” Price Target for Nestle SA (NESN)” was originally reported by The Ledger Gazette and is the sole property of of The Ledger Gazette. If you are reading this report on another site, it was illegally copied and republished in violation of US & international copyright legislation. The correct version of this report can be viewed at https://ledgergazette.com/2017/10/10/goldman-sachs-group-inc-the-reiterates-chf-95-price-target-for-nestle-sa-nesn.html.

Nestle SA Company Profile

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.

Analyst Recommendations for Nestle SA (VTX:NESN)

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