Several other research firms also recently commented on NESN. Credit Suisse Group AG set a CHF 67.50 target price on Nestle SA and gave the stock a sell rating in a research report on Monday, August 8th. HSBC set a CHF 73 target price on Nestle SA and gave the stock a neutral rating in a research report on Thursday, June 30th. Jefferies Group set a CHF 78 price objective on Nestle SA and gave the company a neutral rating in a research report on Wednesday, August 24th. Morgan Stanley set a CHF 85 price objective on Nestle SA and gave the company a buy rating in a research report on Tuesday, July 19th. Finally, JPMorgan Chase & Co. set a CHF 88 price objective on Nestle SA and gave the company a buy rating in a research report on Wednesday, September 28th. Two 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. Nestle SA has a consensus rating of Buy and an average price target of CHF 83.79.
Shares of Nestle SA (VTX:NESN) opened at 74.80 on Friday. Nestle SA has a one year low of CHK 69.00 and a one year high of CHK 80.05. The stock’s 50 day moving average price is CHK 77.34 and its 200 day moving average price is CHK 75.02.
About Nestle SA
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’s product categories include powered and liquid beverages; water; milk products and ice cream; nutrition and health science; confectionery, and PetCare.
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