Nestle SA (NESN) PT Set at CHF 95 by J P Morgan Chase & Co
Nestle SA (VTX:NESN) has been assigned a CHF 95 target price by investment analysts at J P Morgan Chase & Co in a research report issued on Thursday. The brokerage presently has a “buy” rating on the stock.
Several other research firms have also weighed in on NESN. Goldman Sachs Group, Inc. (The) set a CHF 95 target price on shares of Nestle SA and gave the company a “buy” rating in a report on Friday, July 28th. Morgan Stanley set a CHF 90 price target on shares of Nestle SA and gave the stock a “buy” rating in a research note on Wednesday, October 11th. BNP Paribas set a CHF 88 price target on shares of Nestle SA and gave the stock a “neutral” rating in a research note on Wednesday, September 6th. Credit Suisse Group set a CHF 76 price target on shares of Nestle SA and gave the stock a “sell” rating in a research note on Wednesday, September 20th. Finally, Deutsche Bank AG set a CHF 95 price target on shares of Nestle SA and gave the stock a “buy” rating in a research note on Friday, October 6th. Two equities research analysts have rated the stock with a sell rating, six have given a hold rating and eleven have issued a buy rating to the stock. The company presently has a consensus rating of “Hold” and a consensus target price of CHF 86.86.
Shares of Nestle SA (VTX NESN) traded down 0.54% during mid-day trading on Thursday, reaching CHK 83.45. The company’s stock had a trading volume of 6,210,158 shares. The firm’s 50 day moving average price is CHK 82.15 and its 200-day moving average price is CHK 81.33. Nestle SA has a 1-year low of CHK 67.00 and a 1-year high of CHK 86.00. The company has a market capitalization of CHK 258.53 billion and a price-to-earnings ratio of 27.90.
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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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