Royal Bank of Canada Reiterates “CHF 81” Price Target for Nestlé (VTX:NESN)

Royal Bank of Canada set a CHF 81 price objective on Nestlé (VTX:NESN) in a research note released on Monday morning, Borsen Zeitung reports. The brokerage currently has a sell rating on the stock.

Several other analysts have also recently weighed in on NESN. Jefferies Financial Group set a CHF 89 price target on shares of Nestlé and gave the company a neutral rating in a research note on Wednesday, March 18th. Baader Bank set a CHF 115 price target on shares of Nestlé and gave the company a buy rating in a research note on Thursday, February 13th. Morgan Stanley set a CHF 120 price target on shares of Nestlé and gave the company a buy rating in a research note on Friday, February 14th. UBS Group set a CHF 116 price target on shares of Nestlé and gave the company a buy rating in a research note on Thursday, February 13th. Finally, Credit Suisse Group set a CHF 97 price target on shares of Nestlé and gave the company a neutral rating in a research note on Tuesday, March 10th. One equities research analyst has rated the stock with a sell rating, five have issued a hold rating and nine have issued a buy rating to the stock. The stock has an average rating of Buy and an average price target of CHF 106.80.

Nestlé has a one year low of CHF 73.34 and a one year high of CHF 86.40.

Nestlé 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 operates in the United States, Greater China Region, Switzerland and Rest of the World.

Featured Article: Initial Coin Offerings entail a high degree of risk

Analyst Recommendations for Nestlé (VTX:NESN)

Receive News & Ratings for Nestlé Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Nestlé and related companies with MarketBeat.com's FREE daily email newsletter.