Nestlé (VTX:NESN) has been given a CHF 95 price target by investment analysts at JPMorgan Chase & Co. in a research report issued to clients and investors on Wednesday. The brokerage presently has a “buy” rating on the stock. JPMorgan Chase & Co.’s price objective would suggest a potential upside of 24.18% from the company’s previous close.
NESN has been the subject of a number of other reports. Barclays set a CHF 84.70 price objective on Nestlé and gave the company a “neutral” rating in a research report on Friday, July 6th. Deutsche Bank set a CHF 95 price objective on Nestlé and gave the company a “buy” rating in a research report on Thursday, July 5th. Jefferies Financial Group set a CHF 88.50 price objective on Nestlé and gave the company a “neutral” rating in a research report on Friday, August 17th. Sanford C. Bernstein set a CHF 84 price objective on Nestlé and gave the company a “neutral” rating in a research report on Monday. Finally, Credit Suisse Group set a CHF 70 price objective on Nestlé and gave the company a “sell” rating in a research report on Tuesday, July 17th. One investment analyst has rated the stock with a sell rating, eight have assigned a hold rating and twelve have issued a buy rating to the company. Nestlé currently has a consensus rating of “Buy” and an average target price of CHF 87.66.
Nestlé stock opened at CHF 76.50 on Wednesday. Nestlé has a 12 month low of CHF 73.34 and a 12 month 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.
Further Reading: Why do company’s buyback their stock?
Receive News & Ratings for Nestlé Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Nestlé and related companies with MarketBeat.com's FREE daily email newsletter.