Nestle (NESN) PT Set at CHF 97 by J P Morgan Chase & Co
Nestle (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 currently has a “buy” rating on the stock. J P Morgan Chase & Co’s target price would indicate a potential upside of 14.05% from the company’s current price.
Several other research analysts have also commented on NESN. Citigroup set a CHF 93 price target on Nestle and gave the stock a “buy” rating in a research report on Wednesday, September 27th. UBS set a CHF 91 price target on Nestle and gave the stock a “buy” rating in a research report on Tuesday, September 26th. Oddo Bhf restated a “buy” rating on shares of Nestle in a research report on Wednesday, September 27th. Societe Generale set a CHF 89 price target on Nestle and gave the stock a “neutral” rating in a research report on Wednesday, September 27th. Finally, Deutsche Bank set a CHF 90 price objective on Nestle and gave the company a “buy” rating in a research note on Wednesday, September 27th. Two research analysts have rated the stock with a sell rating, six have issued a hold rating and eleven have given a buy rating to the company. The company presently has an average rating of “Hold” and an average target price of CHF 87.19.
Nestle (NESN) opened at CHF 85.05 on Tuesday. Nestle has a 52-week low of CHF 67 and a 52-week high of CHF 86.40.
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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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