Nestle (VTX:NESN) has been given a CHF 97 price target by research analysts at JPMorgan Chase & Co. in a note issued to investors on Wednesday. The brokerage currently has a “buy” rating on the stock. JPMorgan Chase & Co.’s target price points to a potential upside of 17.72% from the company’s current price.

A number of other brokerages also recently commented on NESN. Goldman Sachs Group set a CHF 95 price objective on Nestle and gave the stock a “buy” rating in a research report on Thursday, December 7th. Kepler Capital Markets set a CHF 95 price objective on Nestle and gave the stock a “buy” rating in a research report on Wednesday, December 6th. Deutsche Bank set a CHF 95 target price on Nestle and gave the stock a “buy” rating in a research report on Friday, October 6th. UBS Group set a CHF 92 target price on Nestle and gave the stock a “buy” rating in a research report on Monday, October 2nd. Finally, Citigroup set a CHF 93 target price on Nestle and gave the stock a “buy” rating in a research report on Wednesday, September 27th. Two analysts have rated the stock with a sell rating, seven have given a hold rating and ten have given a buy rating to the company. The stock currently has a consensus rating of “Hold” and a consensus target price of CHF 87.08.

Shares of Nestle (NESN) opened at CHF 82.40 on Wednesday. Nestle has a 52-week low of CHF 71.45 and a 52-week high of CHF 86.40. The company has a market capitalization of $256,440.00 and a P/E ratio of 27.47.

ILLEGAL ACTIVITY WARNING: “JPMorgan Chase & Co. Reiterates CHF 97 Price Target for Nestle (NESN)” was reported by Watch List News and is the property of of Watch List News. If you are reading this story on another website, it was stolen and republished in violation of US and international trademark and copyright laws. The correct version of this story can be read at https://www.watchlistnews.com/jpmorgan-chase-co-reiterates-chf-97-price-target-for-nestle-nesn/1803682.html.

About Nestle

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.

Analyst Recommendations for Nestle (VTX:NESN)

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