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J.P. Morgan Keeps Their Hold Rating on Nestlé SA (NSRGF)

Tipranks - Tipranks - Sat Jan 17, 1:52AM CST

J.P. Morgan analyst Celine Pannuti CFA maintained a Hold rating on Nestlé SA today and set a price target of CHF90.00.

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Pannuti CFA covers the Consumer Defensive sector, focusing on stocks such as L’Oreal, Nestlé SA, and Beiersdorf. According to TipRanks, Pannuti CFA has an average return of -2.4% and a 41.26% success rate on recommended stocks.

In addition to J.P. Morgan, Nestlé SA also received a Hold from Deutsche Bank ‘s Tom Sykes in a report issued on January 12. However, on January 6, Kepler Capital maintained a Buy rating on Nestlé SA (Other OTC: NSRGF).

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NSRGF market cap is currently CHF193.5B and has a P/E ratio of 19.11.

Based on the recent corporate insider activity of 12 insiders, corporate insider sentiment is positive on the stock. This means that over the past quarter there has been an increase of insiders buying their shares of NSRGF in relation to earlier this year.

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