Analysts Set Nestlé (NESN) Price Target at $98.47

Nestlé (VTX:NESN) has earned an average rating of “Buy” from the seventeen brokerages that are currently covering the stock, MarketBeat.com reports. One investment analyst has rated the stock with a sell recommendation, four have assigned a hold recommendation and twelve have assigned a buy recommendation to the company. The average twelve-month price objective among brokerages that have covered the stock in the last year is CHF 98.47.

A number of research analysts recently commented on NESN shares. UBS Group set a CHF 90 price objective on shares of Nestlé and gave the company a “buy” rating in a research note on Thursday, February 14th. JPMorgan Chase & Co. set a CHF 100 price objective on shares of Nestlé and gave the company a “buy” rating in a research note on Wednesday, May 8th. Royal Bank of Canada set a CHF 88 price objective on shares of Nestlé and gave the company a “neutral” rating in a research note on Wednesday, April 24th. Sanford C. Bernstein set a CHF 82 price objective on shares of Nestlé and gave the company a “neutral” rating in a research note on Monday, February 25th. Finally, Berenberg Bank set a CHF 97 price objective on shares of Nestlé and gave the company a “buy” rating in a research note on Thursday, January 24th.

Nestlé has a 12 month low of CHF 73.34 and a 12 month 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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