Barclays analyst Joshua Stone resumed coverage with a Buy rating on Nestlé SA (NSRGF) yesterday and set a price target of $106. The company’s shares closed yesterday at $96.69, close to its 52-week high of $96.80.
According to TipRanks.com, Stone is ranked #3672 out of 5175 analysts.
The word on The Street in general, suggests a Strong Buy analyst consensus rating for Nestlé SA with a $106 average price target.
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Nestlé SA’s market cap is currently $287.6B and has a P/E ratio of 28.08. The company has a Price to Book ratio of 4.94.
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