JPMorgan Chase & Co. set a CHF 120 price target on Nestlé (VTX:NESN) in a research report report published on Thursday, September 26th, Borsen Zeitung reports. The firm currently has a buy rating on the stock.
Other equities analysts have also recently issued research reports about the stock. Jefferies Financial Group set a CHF 121 target price on shares of Nestlé and gave the stock a buy rating in a report on Wednesday, September 25th. Deutsche Bank set a CHF 120 target price on Nestlé and gave the stock a neutral rating in a report on Monday, September 9th. HSBC set a CHF 109 price target on shares of Nestlé and gave the stock a neutral rating in a research report on Monday, July 29th. Credit Suisse Group set a CHF 91 target price on shares of Nestlé and gave the stock a sell rating in a report on Tuesday, July 30th. Finally, Royal Bank of Canada set a CHF 92 target price on shares of Nestlé and gave the company a sell rating in a research report on Wednesday, September 25th. Two investment analysts have rated the stock with a sell rating, four have given a hold rating and eleven have assigned a buy rating to the stock. Nestlé presently has an average rating of Buy and an average target price of CHF 108.76.
Nestlé has a 52 week low of CHF 73.34 and a 52 week high of CHF 86.40.
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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