BofA Securities initiates coverage of Nestle at 'buy' with a price target of CHF128.00

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BofA Securities initiates coverage of Nestle at 'buy' with a price target of CHF128.00

An analyst from BofA Securities initiated coverage of Nestle (SIX: NESN ) at 'buy' with a price target of CHF128.00.

Prior to this rating, Nestle had 16 buy ratings, 6 hold ratings, and 1 sell ratings.

For consensus analyst estimates and price targets on Nestle, click here. For more news on Nestle, click here.

Nestle's stock price closed at $106.72. They are up 1.91% in the last month and up 0.13% in the last 12 months.

According to Investing Pro, Nestle's fair value is $113.91, an upside of 8.05%. Nestle's fair value comes with a low degree of uncertainty, according to InvestingPro.

Check out Nestle's recent earnings performance and financials here.

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