Nestle (NESN) PT Set at CHF 97 by J P Morgan Chase & Co
Nestle (VTX:NESN) has been given a CHF 97 price objective by research analysts at J P Morgan Chase & Co in a report released on Tuesday. The brokerage currently has a “buy” rating on the stock. J P Morgan Chase & Co’s price target points to a potential upside of 13.05% from the company’s previous close.
Several other equities research analysts have also recently commented on the stock. Kepler Capital Markets set a CHF 93 price target on shares of Nestle and gave the stock a “buy” rating in a research report on Wednesday, November 22nd. Royal Bank Of Canada set a CHF 87 price objective on Nestle and gave the stock a “buy” rating in a report on Tuesday, October 24th. Goldman Sachs Group set a CHF 95 price objective on Nestle and gave the stock a “buy” rating in a report on Friday, October 20th. UBS set a CHF 92 price objective on Nestle and gave the stock a “buy” rating in a report on Thursday, October 19th. Finally, Baader Bank set a CHF 88 price objective on Nestle and gave the stock a “buy” rating in a report on Thursday, October 19th. Two investment analysts have rated the stock with a sell rating, six have given a hold rating and eleven have issued a buy rating to the company. The company currently has a consensus rating of “Hold” and a consensus target price of CHF 87.31.
Shares of Nestle (VTX NESN) opened at CHF 85.80 on Tuesday. Nestle has a 1 year low of CHF 67.75 and a 1 year high of CHF 86.40.
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Nestle 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.
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