NESN Stock: Goldman Sachs Group Inc set a CHF 81 price target on Nestle SA (VTX:NESN) in a research note published on Friday morning. The brokerage currently has a buy rating on the stock.

Several other analysts also recently issued reports on the stock. JPMorgan Chase & Co. set a CHF 78 price target on shares of Nestle SA and gave the company a buy rating in a research report on Monday, March 13th. Deutsche Bank AG set a CHF 85 price target on shares of Nestle SA and gave the company a buy rating in a research report on Friday, March 3rd. Morgan Stanley set a CHF 90 price target on shares of Nestle SA and gave the company a buy rating in a research report on Tuesday, February 28th. Barclays PLC set a CHF 80 price target on shares of Nestle SA and gave the company a buy rating in a research report on Thursday, February 23rd. Finally, Royal Bank of Canada set a CHF 77 price target on shares of Nestle SA and gave the company a buy rating in a research report on Friday, February 17th. Two equities research analysts have rated the stock with a sell rating, four have given a hold rating and fourteen have given a buy rating to the company. Nestle SA has an average rating of Buy and a consensus target price of CHF 81.08.

Analyst Recommendations for Nestle SA (VTX:NESN)

Shares of Nestle SA (VTX:NESN) traded up 0.13% during trading on Friday, hitting CHK 77.30. 4,164,565 shares of the stock traded hands. The stock has a 50 day moving average price of CHK 74.17 and a 200-day moving average price of CHK 73.55. Nestle SA has a 1-year low of CHK 67.00 and a 1-year high of CHK 80.05.

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.

The article first appeared in thecerbatgem.com