Royal Bank of Canada Reiterates “CHF 81” Price Target for Nestlé (VTX:NESN)

Royal Bank of Canada set a CHF 81 price objective on Nestlé (VTX:NESN) in a research note published on Monday morning, Borsen Zeitung reports. The firm currently has a sell rating on the stock.

NESN has been the subject of a number of other reports. Barclays set a CHF 105 target price on shares of Nestlé and gave the company a buy rating in a research report on Tuesday, March 17th. Deutsche Bank set a CHF 120 target price on shares of Nestlé and gave the company a neutral rating in a research report on Friday, February 14th. Morgan Stanley set a CHF 120 target price on shares of Nestlé and gave the company a buy rating in a research report on Friday, February 14th. Kepler Capital Markets set a CHF 120 target price on shares of Nestlé and gave the company a buy rating in a research report on Thursday, February 13th. Finally, Berenberg Bank set a CHF 122 target price on shares of Nestlé and gave the company a buy rating in a research report on Wednesday, January 22nd. One investment analyst has rated the stock with a sell rating, five have assigned a hold rating and nine have assigned a buy rating to the company. The stock has a consensus rating of Buy and an average price target of CHF 106.80.

Nestlé has a one year low of CHF 73.34 and a one year high of CHF 86.40.

Nestlé 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.

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Analyst Recommendations for Nestlé (VTX:NESN)

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