JPMorgan Chase & Co. Reiterates CHF 97 Price Target for Nestle (VTX:NESN)

JPMorgan Chase & Co. set a CHF 97 target price on Nestle (VTX:NESN) in a research report report published on Wednesday, January 10th. The brokerage currently has a buy rating on the stock.

Other analysts have also recently issued reports about the stock. UBS Group set a CHF 92 price objective on shares of Nestle and gave the company a buy rating in a research note on Thursday, October 19th. Goldman Sachs Group set a CHF 95 target price on shares of Nestle and gave the company a buy rating in a report on Wednesday, September 27th. Kepler Capital Markets set a CHF 93 target price on shares of Nestle and gave the company a buy rating in a report on Tuesday, September 26th. Citigroup set a CHF 93 target price on shares of Nestle and gave the company a buy rating in a report on Wednesday, September 27th. Finally, Oddo Bhf restated a buy rating on shares of Nestle in a report on Wednesday, September 27th. Two research analysts have rated the stock with a sell rating, seven have issued a hold rating and ten have assigned a buy rating to the company’s stock. The stock presently has an average rating of Hold and an average target price of CHF 87.51.

Nestle (VTX:NESN) traded down CHF 1 during mid-day trading on Wednesday, reaching CHF 79.42. 6,730,000 shares of the company’s stock traded hands, compared to its average volume of 4,690,000. Nestle has a 12-month low of CHF 71.45 and a 12-month high of CHF 86.40. The stock has a market cap of $247,170.00 and a PE ratio of 26.47.

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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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