Nestle SA (VTX:NESN) Given a CHF 93 Price Target at J P Morgan Chase & Co
Nestle SA (VTX:NESN) received a CHF 93 price target from J P Morgan Chase & Co in a note issued to investors on Friday. The firm presently has a “buy” rating on the stock.
A number of other research firms also recently weighed in on NESN. Berenberg Bank set a CHF 85 price target on shares of Nestle SA and gave the stock a “neutral” rating in a research note on Wednesday, June 7th. Societe Generale set a CHF 93 price target on shares of Nestle SA and gave the stock a “buy” rating in a research note on Monday, May 29th. UBS AG reaffirmed a “buy” rating on shares of Nestle SA in a research note on Friday, May 26th. Baader Bank set a CHF 88 price target on shares of Nestle SA and gave the stock a “buy” rating in a research note on Friday, April 21st. Finally, Deutsche Bank AG set a CHF 85 price target on shares of Nestle SA and gave the stock a “buy” rating in a research note on Friday, April 21st. Two investment analysts have rated the stock with a sell rating, six have assigned a hold rating and thirteen have given a buy rating to the company’s stock. Nestle SA presently has an average rating of “Buy” and a consensus target price of CHF 85.60.
Nestle SA (NESN) traded up 0.06% during midday trading on Friday, reaching CHK 81.60. The company’s stock had a trading volume of 3,970,521 shares. The stock’s 50-day moving average price is CHK 82.74 and its 200-day moving average price is CHK 78.20. Nestle SA has a 12 month low of CHK 67.00 and a 12 month high of CHK 86.00.
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About Nestle SA
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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