JPMorgan Chase & Co. Reiterates “CHF 120” Price Target for Nestlé (NESN)

JPMorgan Chase & Co. set a CHF 120 target price on Nestlé (VTX:NESN) in a research report report published on Tuesday, Borsen Zeitung reports. The brokerage currently has a buy rating on the stock.

Several other analysts have also recently weighed in on the stock. Goldman Sachs Group set a CHF 97 price objective on shares of Nestlé and gave the stock a buy rating in a report on Tuesday, January 29th. Jefferies Financial Group set a CHF 98 price objective on shares of Nestlé and gave the stock a buy rating in a report on Monday, January 28th. Kepler Capital Markets set a CHF 100 price objective on shares of Nestlé and gave the stock a buy rating in a report on Friday, February 15th. Berenberg Bank set a CHF 101 price objective on shares of Nestlé and gave the stock a buy rating in a report on Friday, February 15th. Finally, UBS Group set a CHF 90 price objective on shares of Nestlé and gave the stock a buy rating in a report on Thursday, February 14th. One equities research analyst has rated the stock with a sell rating, four have issued a hold rating and twelve have assigned a buy rating to the stock. The company currently has a consensus rating of Buy and a consensus target price of CHF 99.65.

Nestlé has a 1-year low of CHF 73.34 and a 1-year high of CHF 86.40.

Nestlé 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.

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Analyst Recommendations for Nestlé (VTX:NESN)

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