J P Morgan Chase & Co Reiterates CHF 97 Price Target for Nestle (NESN)
Several other brokerages have also commented on NESN. Kepler Capital Markets set a CHF 93 price objective on Nestle and gave the stock a buy rating in a report on Wednesday, November 22nd. Citigroup set a CHF 93 price objective on Nestle and gave the stock a buy rating in a report on Wednesday, September 27th. Oddo Bhf reissued a buy rating on shares of Nestle in a report on Wednesday, September 27th. Societe Generale set a CHF 89 price objective on Nestle and gave the stock a neutral rating in a report on Wednesday, September 27th. Finally, Deutsche Bank set a CHF 90 price objective on Nestle and gave the stock a buy rating in a report on Wednesday, September 27th. Two equities research analysts have rated the stock with a sell rating, six have issued a hold rating and eleven have issued a buy rating to the company’s stock. The stock has a consensus rating of Hold and a consensus target price of CHF 87.31.
Nestle (VTX:NESN) opened at CHF 85.35 on Tuesday. Nestle has a twelve month low of CHF 67.85 and a twelve month high of CHF 86.40.
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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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