Berenberg Bank set a CHF 82 target price on Nestle SA (VTX:NESN) in a research report report published on Tuesday morning. The firm currently has a buy rating on the stock.

A number of other equities research analysts have also recently weighed in on the stock. Goldman Sachs Group Inc. set a CHF 90 price target on shares of Nestle SA and gave the company a buy rating in a research report on Friday, October 7th. Credit Suisse Group AG set a CHF 67.50 price target on shares of Nestle SA and gave the company a sell rating in a research report on Monday, August 8th. Sanford C. Bernstein set a CHF 80 price target on shares of Nestle SA and gave the company a neutral rating in a research report on Wednesday, September 7th. JPMorgan Chase & Co. reissued a buy rating and issued a price target on shares of Nestle SA in a research report on Thursday, September 22nd. Finally, Bank of America Corp. set a CHF 97 price target on shares of Nestle SA and gave the company a buy rating in a research report on Tuesday, September 6th. Two research analysts have rated the stock with a sell rating, six have issued a hold rating and fourteen have assigned a buy rating to the stock. The stock currently has an average rating of Buy and an average price target of CHF 83.32.

Analyst Recommendations for Nestle SA (VTX:NESN)

Shares of Nestle SA (VTX:NESN) opened at 68.95 on Tuesday. The stock’s 50 day moving average price is CHK 71.36 and its 200-day moving average price is CHK 74.85. Nestle SA has a 52-week low of CHK 67.15 and a 52-week high of CHK 80.05.

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Nestle SA 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’s product categories include powered and liquid beverages; water; milk products and ice cream; nutrition and health science; confectionery, and PetCare.

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