Nestlé (VTX:NESN) PT Set at CHF 117 by Goldman Sachs Group

Nestlé (VTX:NESN) has been given a CHF 117 price objective by stock analysts at Goldman Sachs Group in a note issued to investors on Wednesday, Borsen Zeitung reports. The firm currently has a “buy” rating on the stock.

Several other brokerages also recently commented on NESN. JPMorgan Chase & Co. set a CHF 123 price target on shares of Nestlé and gave the company a “buy” rating in a report on Tuesday, September 1st. HSBC set a CHF 101 price target on shares of Nestlé and gave the company a “neutral” rating in a report on Monday, July 20th. Credit Suisse Group set a CHF 100 price target on shares of Nestlé and gave the company a “neutral” rating in a report on Friday, July 31st. UBS Group set a CHF 130 price target on shares of Nestlé and gave the company a “buy” rating in a report on Thursday, July 9th. Finally, Jefferies Financial Group set a CHF 109 price target on shares of Nestlé and gave the company a “neutral” rating in a report on Wednesday, August 5th. One investment analyst has rated the stock with a sell rating, five have given a hold rating and eight have assigned a buy rating to the stock. The stock presently has a consensus rating of “Buy” and an average target price of CHF 112.57.

Nestlé has a 1 year low of CHF 73.34 and a 1 year high of CHF 86.40.

About Nestlé

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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