Nestle (NESN) Earns Buy Rating from J P Morgan Chase & Co

J P Morgan Chase & Co reissued their buy rating on shares of Nestle (VTX:NESN) in a report issued on Monday morning.

A number of other research firms also recently commented on NESN. Royal Bank of Canada set a CHF 87 price objective on shares of Nestle and gave the stock a buy rating in a report on Tuesday, October 24th. Goldman Sachs Group set a CHF 94 price objective on shares of Nestle and gave the stock a buy rating in a report on Thursday, September 7th. BNP Paribas set a CHF 88 price objective on shares of Nestle and gave the stock a neutral rating in a report on Wednesday, September 6th. Kepler Capital Markets set a CHF 93 price objective on shares of Nestle and gave the stock a buy rating in a report on Wednesday, November 22nd. Finally, UBS set a CHF 92 price objective on shares of Nestle and gave the stock a buy rating in a report on Thursday, October 19th. Two investment analysts have rated the stock with a sell rating, six have issued a hold rating and eleven have assigned a buy rating to the stock. The company has a consensus rating of Hold and an average price target of CHF 87.31.

Shares of Nestle (NESN) opened at CHF 83.50 on Monday. Nestle has a 1-year low of CHF 71.45 and a 1-year high of CHF 86.40.

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Nestle 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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