Nestle (NESN) PT Set at CHF 97 by J P Morgan Chase & Co

J P Morgan Chase & Co set a CHF 97 price objective on Nestle (VTX:NESN) in a research report sent to investors on Tuesday, November 21st. The firm currently has a buy rating on the stock.

Other equities research analysts have also issued reports about the company. UBS set a CHF 92 target price on Nestle and gave the stock a buy rating in a research report on Thursday, October 19th. Goldman Sachs Group set a CHF 95 price target on Nestle and gave the stock a buy rating in a research note on Wednesday, September 27th. Kepler Capital Markets set a CHF 93 price target on Nestle and gave the stock a buy rating in a research note on Tuesday, September 26th. Citigroup set a CHF 88 price target on Nestle and gave the stock a buy rating in a research note on Thursday, August 3rd. Finally, Oddo Bhf reissued a buy rating on shares of Nestle in a research note on Wednesday, September 27th. Two research analysts have rated the stock with a sell rating, six have assigned a hold rating and eleven have issued a buy rating to the company’s stock. The stock has a consensus rating of Hold and a consensus price target of CHF 87.31.

Nestle (VTX NESN) traded down CHF 0.30 during trading hours on Tuesday, reaching CHF 85.50. The company’s stock had a trading volume of 4,600,000 shares, compared to its average volume of 5,210,000. Nestle has a 12-month low of CHF 67.75 and a 12-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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