Nestlé (VTX:NESN) Given a CHF 95 Price Target at Royal Bank of Canada

Royal Bank of Canada set a CHF 95 price objective on Nestlé (VTX:NESN) in a research report released on Thursday morning, Borsen Zeitung reports. The firm currently has a sell rating on the stock.

Several other research analysts also recently commented on NESN. Goldman Sachs Group set a CHF 113 price objective on shares of Nestlé and gave the company a buy rating in a research report on Thursday, July 9th. Credit Suisse Group set a CHF 97 price target on shares of Nestlé and gave the stock a neutral rating in a report on Monday, April 27th. UBS Group set a CHF 130 price target on shares of Nestlé and gave the stock a buy rating in a report on Thursday, July 9th. JPMorgan Chase & Co. set a CHF 116 price target on shares of Nestlé and gave the stock a buy rating in a report on Thursday. Finally, Morgan Stanley set a CHF 110 price target on shares of Nestlé and gave the stock a buy rating in a report on Thursday. One investment analyst has rated the stock with a sell rating, five have issued a hold rating and eight have issued a buy rating to the stock. The stock currently has a consensus rating of Buy and an average target price of CHF 110.57.

Nestlé has a 1 year low of CHF 73.34 and a 1 year 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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