BSE Code: | NSE Code: | ISIN: | Sector:
Research Report Detail
|Report Date||Call||Price@Call||Target Price
|Current Status||Time Horizon|
|Target Hit|| Long (1Y)
JP Morgan maintains neutral on Nestle
Rising raw material cost is a headwind. Coffee, milk & palm oil prices have risen 20 per cent, 7 per cent and 10 per cent respectively. Wait to see if Nestle passes raw material costs. Target Rs 4700.