Nestlé (VTX:NESN) Given a CHF 120 Price Target at JPMorgan Chase & Co.

Nestlé (VTX:NESN) has been assigned a CHF 120 target price by JPMorgan Chase & Co. in a research report issued on Tuesday, May 28th, Borsen Zeitung reports. The brokerage presently has a “buy” rating on the stock.

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

Nestlé has a 52-week low of CHF 73.34 and a 52-week high of CHF 86.40.

About Nestlé

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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