JPMorgan Chase & Co. set a CHF 116 price objective on Nestlé (VTX:NESN) in a research note published on Thursday morning, Borsen Zeitung reports. The brokerage currently has a buy rating on the stock.
Several other equities analysts have also weighed in on NESN. Morgan Stanley set a CHF 110 price objective on Nestlé and gave the company a buy rating in a research note on Thursday. HSBC set a CHF 101 target price on Nestlé and gave the company a neutral rating in a report on Monday, July 20th. Credit Suisse Group set a CHF 97 target price on Nestlé and gave the company a neutral rating in a report on Monday, April 27th. UBS Group set a CHF 130 target price on Nestlé and gave the company a buy rating in a report on Thursday, July 9th. Finally, Goldman Sachs Group set a CHF 113 target price on Nestlé and gave the company a buy rating in a report on Thursday, July 9th. One analyst has rated the stock with a sell rating, five have given a hold rating and eight have issued a buy rating to the company’s stock. Nestlé presently has a consensus rating of Buy and a consensus target price of CHF 110.57.
Nestlé has a 52 week low of CHF 73.34 and a 52 week high of CHF 86.40.
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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