JPMorgan Chase & Co. set a CHF 120 price target on Nestlé (VTX:NESN) in a research report sent to investors on Tuesday morning, Borsen Zeitung reports. The brokerage currently has a buy rating on the stock.
Several other brokerages have also recently commented on NESN. Sanford C. Bernstein set a CHF 82 target price on shares of Nestlé and gave the stock a neutral rating in a report on Monday, February 25th. Deutsche Bank set a CHF 105 target price on shares of Nestlé and gave the stock a buy rating in a report on Monday, February 25th. Royal Bank of Canada set a CHF 86 target price on shares of Nestlé and gave the stock a neutral rating in a report on Tuesday, February 19th. Credit Suisse Group set a CHF 79 target price on shares of Nestlé and gave the stock a sell rating in a report on Friday, February 15th. Finally, Kepler Capital Markets set a CHF 100 price objective on shares of Nestlé and gave the company a buy rating in a research note on Friday, February 15th. One research analyst has rated the stock with a sell rating, four have assigned a hold rating and twelve have issued a buy rating to the stock. The company presently has a consensus rating of Buy and a consensus target price of CHF 99.65.
Nestlé has a fifty-two week low of CHF 73.34 and a fifty-two 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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