Nestlé (VTX:NESN) has been assigned a CHF 94 price objective by equities research analysts at Jefferies Financial Group in a research note issued on Tuesday, October 2nd. The firm presently has a “buy” rating on the stock. Jefferies Financial Group’s price target would indicate a potential upside of 22.88% from the company’s current price.
Other research analysts have also issued research reports about the company. JPMorgan Chase & Co. set a CHF 95 price target on Nestlé and gave the stock a “buy” rating in a report on Tuesday, June 19th. Royal Bank of Canada set a CHF 82 price objective on Nestlé and gave the stock a “buy” rating in a research report on Friday, June 8th. Goldman Sachs Group set a CHF 94 price objective on Nestlé and gave the stock a “buy” rating in a research report on Wednesday, June 27th. Kepler Capital Markets set a CHF 90 price objective on Nestlé and gave the stock a “buy” rating in a research report on Monday, July 2nd. Finally, Deutsche Bank set a CHF 95 price objective on Nestlé and gave the stock a “buy” rating in a research report on Thursday, July 5th. One equities research analyst has rated the stock with a sell rating, seven have assigned a hold rating and twelve have given a buy rating to the company. The company currently has an average rating of “Buy” and an average target price of CHF 88.05.
VTX NESN opened at CHF 76.50 on Tuesday. Nestlé has a 52 week low of CHF 73.34 and a 52 week high of CHF 86.40.
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.
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