Nestle SA (NESN) Given a CHF 97 Price Target at J P Morgan Chase & Co
Nestle SA (VTX:NESN) received a CHF 97 target price from analysts at J P Morgan Chase & Co in a research report issued on Tuesday. The firm presently has a “buy” rating on the stock. J P Morgan Chase & Co’s target price would suggest a potential upside of 13.98% from the stock’s previous close.
A number of other equities analysts have also recently issued reports on NESN. Citigroup Inc. set a CHF 93 target price on Nestle SA and gave the stock a “buy” rating in a report on Wednesday, September 27th. UBS AG set a CHF 91 target price on Nestle SA and gave the stock a “buy” rating in a report on Tuesday, September 26th. Morgan Stanley set a CHF 90 target price on Nestle SA and gave the stock a “buy” rating in a report on Monday, September 25th. Deutsche Bank AG set a CHF 90 target price on Nestle SA and gave the stock a “buy” rating in a report on Wednesday, September 27th. Finally, Societe Generale set a CHF 89 target price on Nestle SA and gave the stock a “neutral” rating in a report on Wednesday, September 27th. Two 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. Nestle SA presently has an average rating of “Hold” and an average target price of CHF 87.19.
Nestle SA (NESN) traded up CHF 0.35 during mid-day trading on Tuesday, reaching CHF 85.10. The company’s stock had a trading volume of 3,330,000 shares, compared to its average volume of 4,930,000. Nestle SA has a 52-week low of CHF 67 and a 52-week high of CHF 86.
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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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