Nestle’s (NESN) “Buy” Rating Reaffirmed at JPMorgan Chase & Co.

Nestle (VTX:NESN)‘s stock had its “buy” rating reiterated by JPMorgan Chase & Co. in a research report issued on Wednesday.

Several other analysts also recently commented on NESN. Goldman Sachs Group set a CHF 97 target price on shares of Nestle and gave the stock a “buy” rating in a report on Wednesday, February 7th. Baader Bank set a CHF 88 target price on shares of Nestle and gave the stock a “buy” rating in a report on Thursday, October 19th. BNP Paribas set a CHF 86 target price on shares of Nestle and gave the stock a “neutral” rating in a report on Wednesday, January 31st. Deutsche Bank set a CHF 95 target price on shares of Nestle and gave the stock a “buy” rating in a report on Tuesday, January 23rd. Finally, S&P Global set a CHF 95 target price on shares of Nestle and gave the stock a “buy” rating in a report on Wednesday, January 17th. Two investment analysts have rated the stock with a sell rating, seven have issued a hold rating and ten have given a buy rating to the stock. The stock presently has a consensus rating of “Hold” and an average price target of CHF 87.62.

Shares of Nestle (VTX:NESN) opened at CHF 76.58 on Wednesday. The company has a market cap of $238,330.00 and a PE ratio of 25.53. Nestle has a twelve month low of CHF 71.45 and a twelve month high of CHF 86.40.

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Nestle 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.

Analyst Recommendations for Nestle (VTX:NESN)

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