diff --git a/spring-batch-core/src/main/java/org/springframework/batch/core/scope/util/PlaceholderTargetSource.java b/spring-batch-core/src/main/java/org/springframework/batch/core/scope/util/PlaceholderTargetSource.java
index 592434f39..04e6ac19d 100644
--- a/spring-batch-core/src/main/java/org/springframework/batch/core/scope/util/PlaceholderTargetSource.java
+++ b/spring-batch-core/src/main/java/org/springframework/batch/core/scope/util/PlaceholderTargetSource.java
@@ -330,7 +330,7 @@ public class PlaceholderTargetSource extends SimpleBeanTargetSource implements I
 						// Otherwise it might contain embedded keys so we try to
 						// replace those
 						String visitedString = resolveStringValue(stringValue);
-						typedStringValue.setValue(visitedString);
+						value = new TypedStringValue(visitedString);
 					}
 				}
 
diff --git a/spring-batch-core/src/test/java/org/springframework/batch/core/scope/util/MultipleContextPlaceholderTargetSourceTests.java b/spring-batch-core/src/test/java/org/springframework/batch/core/scope/util/MultipleContextPlaceholderTargetSourceTests.java
index 82b6c17cb..dc9f669b5 100644
--- a/spring-batch-core/src/test/java/org/springframework/batch/core/scope/util/MultipleContextPlaceholderTargetSourceTests.java
+++ b/spring-batch-core/src/test/java/org/springframework/batch/core/scope/util/MultipleContextPlaceholderTargetSourceTests.java
@@ -53,6 +53,10 @@ public class MultipleContextPlaceholderTargetSourceTests {
 	@Qualifier("simple")
 	private TestBean simple;
 
+	@Autowired
+	@Qualifier("nested")
+	private TestBean nested;
+
 	@Autowired
 	@Qualifier("list")
 	private TestBean list;
@@ -88,6 +92,17 @@ public class MultipleContextPlaceholderTargetSourceTests {
 
 	}
 
+	@Test
+	public void testMultipleNestedValueFromProperties() throws Exception {
+
+		for (int i = 0; i < 4; i++) {
+			final String value = "bar" + i;
+			attributes = Collections.singletonMap("foo", value);
+			assertEquals("foo-bar" + i, nested.getName());
+		}
+
+	}
+
 	@Test
 	public void testMultipleValueInList() throws Exception {
 
diff --git a/spring-batch-core/src/test/resources/org/springframework/batch/core/scope/util/MultipleContextPlaceholderTargetSourceTests-context.xml b/spring-batch-core/src/test/resources/org/springframework/batch/core/scope/util/MultipleContextPlaceholderTargetSourceTests-context.xml
index 30e331586..672f3c01d 100644
--- a/spring-batch-core/src/test/resources/org/springframework/batch/core/scope/util/MultipleContextPlaceholderTargetSourceTests-context.xml
+++ b/spring-batch-core/src/test/resources/org/springframework/batch/core/scope/util/MultipleContextPlaceholderTargetSourceTests-context.xml
@@ -16,6 +16,16 @@
 		</property>
 	</bean>
 
+	<bean id="nested" class="org.springframework.aop.framework.ProxyFactoryBean">
+		<property name="targetSource">
+			<bean
+				class="org.springframework.batch.core.scope.util.PlaceholderTargetSource">
+				<property name="contextFactory" ref="context" />
+				<property name="targetBeanName" value="nestedTarget" />
+			</bean>
+		</property>
+	</bean>
+
 	<bean id="list" class="org.springframework.aop.framework.ProxyFactoryBean">
 		<property name="targetSource">
 			<bean
@@ -41,6 +51,11 @@
 		<property name="name" value="%{attributes[foo]}" />
 	</bean>
 
+	<bean id="nestedTarget"
+		class="org.springframework.batch.core.scope.util.MultipleContextPlaceholderTargetSourceTests$TestBean">
+		<property name="name" value="foo-%{attributes[foo]}" />
+	</bean>
+
 	<bean id="listTarget"
 		class="org.springframework.batch.core.scope.util.MultipleContextPlaceholderTargetSourceTests$TestBean">
 		<property name="names">