Several other brokerages also recently weighed in on NESN. Societe Generale set a CHF 90 target price on Nestle SA and gave the company a buy rating in a research note on Thursday, August 11th. Credit Suisse Group AG set a CHF 67.50 target price on Nestle SA and gave the company a sell rating in a research note on Monday, August 8th. BNP Paribas set a CHF 82 price target on Nestle SA and gave the company a neutral rating in a report on Monday, July 11th. Barclays PLC set a CHF 82 price target on Nestle SA and gave the company a buy rating in a report on Friday, July 8th. Finally, JPMorgan Chase & Co. set a CHF 88 price target on Nestle SA and gave the company a buy rating in a report on Monday, July 4th. Two research analysts have rated the stock with a sell rating, five have issued a hold rating and fourteen have assigned a buy rating to the company’s stock. The company currently has a consensus rating of Buy and a consensus price target of CHF 83.79.
Shares of Nestle SA (VTX:NESN) traded down 0.07% during mid-day trading on Monday, reaching CHK 75.65. The company’s stock had a trading volume of 2,722,410 shares. Nestle SA has a 1-year low of CHK 69.00 and a 1-year high of CHK 80.05. The company’s 50-day moving average is CHK 77.49 and its 200 day moving average is CHK 74.99.
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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