Nestle (NESN) Given a CHF 96 Price Target at Citigroup

Citigroup set a CHF 96 price objective on Nestle (VTX:NESN) in a research report released on Tuesday, January 16th. The firm currently has a buy rating on the stock.

Several other research firms have also commented on NESN. JPMorgan Chase & Co. reiterated a buy rating on shares of Nestle in a research note on Monday, December 18th. Goldman Sachs Group set a CHF 95 price objective on Nestle and gave the stock a buy rating in a research note on Thursday, December 7th. Royal Bank of Canada set a CHF 87 price objective on Nestle and gave the stock a buy rating in a research note on Tuesday, October 24th. Kepler Capital Markets set a CHF 95 price objective on Nestle and gave the stock a buy rating in a research note on Wednesday, December 6th. Finally, Societe Generale set a CHF 89 price objective on Nestle and gave the stock a neutral rating in a research note on Monday, January 15th. Two research analysts have rated the stock with a sell rating, seven have issued a hold rating and ten have issued a buy rating to the company’s stock. The company currently has an average rating of Hold and a consensus price target of CHF 87.62.

Shares of Nestle (NESN) traded down CHF 0.40 during trading on Tuesday, hitting CHF 75.70. Nestle has a 12-month low of CHF 71.45 and a 12-month high of CHF 86.40. The company has a market capitalization of $235,590.00 and a price-to-earnings ratio of 25.23.

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About Nestle

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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