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J.P. Morgan Sticks to Its Hold Rating for Nestlé SA (NSRGF)
In a report released today, Celine Pannuti CFA from J.P. Morgan maintained a Hold rating on Nestlé SA, with a price target of CHF90.00.
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Pannuti CFA covers the Consumer Defensive sector, focusing on stocks such as L’Oreal, DANONE SA, and Nestlé SA. According to TipRanks, Pannuti CFA has an average return of -2.1% and a 41.78% success rate on recommended stocks.
Nestlé SA has an analyst consensus of Hold, with a price target consensus of CHF83.06.
NSRGF market cap is currently CHF204.5B and has a P/E ratio of 22.43.
Read More on NSRGF:
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- Nestle price target raised to CHF 75 from CHF 74 at Morgan Stanley
- Nestle price target raised to CHF 77 from CHF 76 at Jefferies
- Nestlé: Solid Guidance but Lacking New Catalysts Justifies Hold Rating
- Nestle in ‘advanced negotiations’ to sell ice cream businesses to Froneri
- Nestle says ‘accelerating’ business transformation
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