Nestle SA (NESN) Given a CHF 84 Price Target at J P Morgan Chase & Co
Nestle SA (VTX:NESN) received a CHF 84 target price from analysts at J P Morgan Chase & Co in a research note issued on Monday. The brokerage currently has a “buy” rating on the stock.
A number of other equities analysts also recently issued reports on the stock. Deutsche Bank AG set a CHF 85 price objective on shares of Nestle SA and gave the stock a “buy” rating in a report on Friday, March 24th. Goldman Sachs Group, Inc. (The) set a CHF 81 price objective on shares of Nestle SA and gave the stock a “buy” rating in a report on Friday, March 17th. Credit Suisse Group set a CHF 75 price objective on shares of Nestle SA and gave the stock a “sell” rating in a report on Thursday. Macquarie set a CHF 68 price objective on shares of Nestle SA and gave the stock a “sell” rating in a report on Friday, March 17th. Finally, Morgan Stanley set a CHF 90 price objective on shares of Nestle SA and gave the stock a “buy” rating in a report on Tuesday, February 28th. Two analysts have rated the stock with a sell rating, six have given a hold rating and twelve have assigned a buy rating to the company’s stock. Nestle SA has an average rating of “Buy” and a consensus price target of CHF 82.83.
Nestle SA (VTX NESN) remained flat at CHK 83.45 during mid-day trading on Monday. The company’s stock had a trading volume of 5,980,088 shares. Nestle SA has a 12 month low of CHK 67.00 and a 12 month high of CHK 83.95. The firm has a 50 day moving average price of CHK 81.19 and a 200 day moving average price of CHK 75.87.
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Nestle SA 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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