Nestle (NESN) Given a CHF 97 Price Target by JPMorgan Chase & Co. Analysts

Nestle (VTX:NESN) has been given a CHF 97 price target by investment analysts at JPMorgan Chase & Co. in a report issued on Wednesday. The firm currently has a “buy” rating on the stock. JPMorgan Chase & Co.’s price objective indicates a potential upside of 15.45% from the stock’s current price.

Several other equities research analysts have also recently weighed in on the company. Goldman Sachs Group set a CHF 95 price target on Nestle and gave the company a “buy” rating in a research note on Thursday, December 7th. Kepler Capital Markets set a CHF 95 price target on Nestle and gave the company a “buy” rating in a research note on Wednesday, December 6th. Royal Bank of Canada set a CHF 87 price target on Nestle and gave the company a “buy” rating in a research note on Tuesday, October 24th. UBS Group set a CHF 92 price target on Nestle and gave the company a “buy” rating in a research note on Thursday, October 19th. Finally, Baader Bank set a CHF 88 price target on Nestle and gave the company a “buy” rating in a research note on Thursday, October 19th. Two investment analysts have rated the stock with a sell rating, six have given a hold rating and eleven have given a buy rating to the company’s stock. The stock currently has a consensus rating of “Hold” and a consensus target price of CHF 87.31.

Shares of Nestle (VTX:NESN) opened at CHF 84.02 on Wednesday. The firm has a market capitalization of $261,480.00 and a PE ratio of 28.01. Nestle has a one year low of CHF 71.45 and a one year high of CHF 86.40.

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About Nestle

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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