Nestle (VTX:NESN) PT Set at CHF 90 by Deutsche Bank

Deutsche Bank set a CHF 90 price target on Nestle (VTX:NESN) in a report released on Friday, February 16th. The brokerage currently has a buy rating on the stock.

Other analysts have also recently issued research reports about the stock. UBS Group set a CHF 92 price objective on shares of Nestle and gave the company a buy rating in a research note on Thursday, October 19th. Baader Bank set a CHF 90 price objective on shares of Nestle and gave the company a buy rating in a research note on Wednesday, January 17th. Kepler Capital Markets set a CHF 95 price objective on shares of Nestle and gave the company a buy rating in a research note on Thursday, February 15th. JPMorgan Chase & Co. set a CHF 97 target price on shares of Nestle and gave the company a buy rating in a report on Wednesday, January 3rd. Finally, Goldman Sachs Group set a CHF 95 target price on shares of Nestle and gave the company a buy rating in a report on Wednesday, January 17th. Two research analysts have rated the stock with a sell rating, eight have issued a hold rating and eleven have issued a buy rating to the company’s stock. The company has an average rating of Hold and an average target price of CHF 86.75.

Shares of Nestle (NESN) traded up CHF 0.28 during mid-day trading on Friday, reaching CHF 76.44. The company had a trading volume of 4,110,000 shares, compared to its average volume of 6,990,000. Nestle has a 52-week low of CHF 73.34 and a 52-week high of CHF 86.40. The company has a market capitalization of $237,890.00 and a PE ratio of 37.47.

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Nestle 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.

Analyst Recommendations for Nestle (VTX:NESN)

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