Shares of Nestl茅 (VTX:NESN) have received an average rating of “Hold” from the twenty-one brokerages that are covering the firm, MarketBeat reports. Two research analysts have rated the stock with a sell rating, seven have assigned a hold rating and twelve have given a buy rating to the company. The average twelve-month price target among brokerages that have updated their coverage on the stock in the last year is CHF 86.28.
NESN has been the topic of several research reports. Sanford C. Bernstein set a CHF 81 price objective on shares of Nestl茅 and gave the company a “neutral” rating in a research report on Monday, May 7th. JPMorgan Chase & Co. set a CHF 95 price objective on shares of Nestl茅 and gave the company a “buy” rating in a research report on Tuesday, June 19th. BNP Paribas set a CHF 78 price objective on shares of Nestl茅 and gave the company a “sell” rating in a research report on Monday. Baader Bank set a CHF 86 price objective on shares of Nestl茅 and gave the company a “buy” rating in a research report on Monday, May 7th. Finally, Barclays set a CHF 83 price objective on shares of Nestl茅 and gave the company a “neutral” rating in a research report on Tuesday, May 8th.
Shares of Nestl茅 traded up CHF 0.06, hitting CHF 76.50, on Monday, MarketBeat reports. The stock had a trading volume of 15,650,000 shares, compared to its average volume of 6,940,000. Nestl茅 has a twelve month low of CHF 73.34 and a twelve month high of CHF 86.40.
Nestl茅 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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