In a report released today, John Ennis CFA from Goldman Sachs maintained a Buy rating on Nestlé SA (NSRGF), with a price target of CHF112.00. The company’s shares closed last Thursday at $108.75.
CFA has an average return of 6.8% when recommending Nestlé SA.
According to TipRanks.com, CFA is ranked #4399 out of 6704 analysts.
Currently, the analyst consensus on Nestlé SA is a Moderate Buy with an average price target of $113.47, representing a 2.5% upside. In a report issued on May 28, Kepler Capital also maintained a Buy rating on the stock with a CHF115.00 price target.
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The company has a one-year high of $114.93 and a one-year low of $84.20. Currently, Nestlé SA has an average volume of 31.64K.
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Nestlé SA is a nutrition, health and wellness company, which engages in the manufacture, supply and production of prepared dishes and cooking aids, milk-based products, pharmaceuticals and ophthalmic goods, baby foods and cereals. The company products portfolio includes powdered and liquid beverages, water, milk products and ice cream, nutrition and health science, prepared dishes and cooking aids, confectionery, and pet care. It operates through the following segments: Zone EMENA, Zone Americas, Zone Asia, Oceania & Africa, Nestlé Waters, Nestlé Nutrition, and Other Businesses. The Other Business segment is comprised of Nespresso, Nestle Health Science and Nestle Skin Health. The company was founded by Henri Nestlé in 1866 and is headquartered in Vevey, Switzerland.
