Nestlé (VTX:NESN) has been assigned a CHF 95 target price by stock analysts at JPMorgan Chase & Co. in a report issued on Wednesday. The brokerage presently has a “buy” rating on the stock. JPMorgan Chase & Co.’s target price points to a potential upside of 24.18% from the company’s previous close.

Other equities analysts have also issued research reports about the company. Morgan Stanley set a CHF 88 price objective on Nestlé and gave the stock a “buy” rating in a research note on Monday, July 9th. Royal Bank of Canada set a CHF 82 price objective on Nestlé and gave the stock a “buy” rating in a research note on Friday, June 8th. Goldman Sachs Group set a CHF 94 price objective on Nestlé and gave the stock a “buy” rating in a research note on Wednesday, June 27th. Kepler Capital Markets set a CHF 90 price objective on Nestlé and gave the stock a “buy” rating in a research note on Monday, July 2nd. Finally, Deutsche Bank set a CHF 95 price objective on Nestlé and gave the stock a “buy” rating in a research note on Thursday, July 5th. One research analyst has rated the stock with a sell rating, eight have issued a hold rating and twelve have assigned a buy rating to the company’s stock. Nestlé presently has a consensus rating of “Buy” and an average price target of CHF 87.66.

VTX NESN opened at CHF 76.50 on Wednesday. Nestlé has a fifty-two week low of CHF 73.34 and a fifty-two week high of CHF 86.40.

About Nestlé

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.

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Analyst Recommendations for Nestlé (VTX:NESN)

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