Nestlé (VTX:NESN) Given a CHF 117 Price Target at UBS Group

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Nestlé (VTX:NESN) has been assigned a CHF 117 price objective by stock analysts at UBS Group in a research note issued to investors on Thursday, September 19th, Borsen Zeitung reports. The firm currently has a “buy” rating on the stock.

Several other analysts have also weighed in on NESN. Sanford C. Bernstein set a CHF 100 price objective on Nestlé and gave the stock a “neutral” rating in a report on Wednesday, September 18th. Kepler Capital Markets set a CHF 115 price target on Nestlé and gave the company a “buy” rating in a research note on Tuesday, June 25th. Goldman Sachs Group set a CHF 118 price target on Nestlé and gave the company a “buy” rating in a research note on Monday, September 2nd. JPMorgan Chase & Co. reaffirmed a “buy” rating on shares of Nestlé in a research note on Monday, September 2nd. Finally, Deutsche Bank set a CHF 120 price target on Nestlé and gave the company a “neutral” rating in a research note on Monday, September 9th. Two research analysts have rated the stock with a sell rating, four have issued a hold rating and eleven have given a buy rating to the stock. The company currently has an average rating of “Buy” and a consensus price target of CHF 108.76.

Nestlé has a fifty-two week low of CHF 73.34 and a fifty-two week 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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