Baader Bank Analysts Give Nestle (NESN) a CHF 90 Price Target

Nestle (VTX:NESN) has been assigned a CHF 90 target price by stock analysts at Baader Bank in a research note issued on Wednesday, January 17th. The firm presently has a “buy” rating on the stock. Baader Bank’s target price points to a potential upside of 18.89% from the company’s previous close.

Several other equities analysts have also weighed in on the company. JPMorgan Chase & Co. restated a “buy” rating on shares of Nestle in a research note on Monday, December 18th. Goldman Sachs Group set a CHF 95 price objective on Nestle and gave the stock a “buy” rating in a research note on Thursday, December 7th. Royal Bank of Canada set a CHF 87 price objective on Nestle and gave the stock a “buy” rating in a research note on Tuesday, October 24th. Kepler Capital Markets set a CHF 95 price objective on Nestle and gave the stock a “buy” rating in a research note on Wednesday, December 6th. Finally, Societe Generale set a CHF 89 price objective on Nestle and gave the stock a “neutral” rating in a research note on Monday, January 15th. Two research analysts have rated the stock with a sell rating, seven have issued a hold rating and ten have issued a buy rating to the company’s stock. The company currently has an average rating of “Hold” and a consensus price target of CHF 87.62.

Shares of Nestle (NESN) traded down CHF 0.40 during trading on Wednesday, hitting CHF 75.70. Nestle has a 12-month low of CHF 71.45 and a 12-month high of CHF 86.40. The company has a market capitalization of $235,590.00 and a price-to-earnings ratio of 25.23.

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About Nestle

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 (VTX:NESN)

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