Unilever plc (ULVR) PT Raised to GBX 3,200 at Liberum Capital
Unilever plc (LON:ULVR) had its price objective upped by investment analysts at Liberum Capital from GBX 3,150 ($41.12) to GBX 3,200 ($41.77) in a research note issued on Friday. The firm currently has a “sell” rating on the stock. Liberum Capital’s target price suggests a potential downside of 13.70% from the stock’s current price.
A number of other brokerages have also issued reports on ULVR. Numis Securities Ltd increased their target price on Unilever plc from GBX 3,395 ($44.32) to GBX 3,660 ($47.77) and gave the company a “hold” rating in a research report on Wednesday, July 6th. Deutsche Bank AG increased their target price on Unilever plc from GBX 3,520 ($45.95) to GBX 3,600 ($46.99) and gave the company a “buy” rating in a research report on Wednesday, July 6th. Goldman Sachs Group Inc. set a GBX 3,010 ($39.29) target price on Unilever plc and gave the company a “sell” rating in a research report on Friday, July 8th. Barclays PLC increased their price objective on Unilever plc from GBX 3,110 ($40.60) to GBX 3,860 ($50.39) and gave the company an “overweight” rating in a research note on Friday, July 8th. Finally, JPMorgan Chase & Co. reissued an “overweight” rating on shares of Unilever plc in a research note on Tuesday, July 12th. Three research analysts have rated the stock with a sell rating, six have assigned a hold rating and nine have assigned a buy rating to the company’s stock. The stock currently has an average rating of “Hold” and a consensus price target of GBX 3,574.56 ($46.66).
Shares of Unilever plc (LON:ULVR) opened at 3746.00 on Friday. The stock’s market capitalization is GBX 106.34 billion. The stock’s 50 day moving average is GBX 3,588.83 and its 200-day moving average is GBX 3,367.29. Unilever plc has a 52 week low of GBX 2,715.00 and a 52 week high of GBX 3,750.00.
The company also recently announced a dividend, which was paid on Wednesday, September 7th. Investors of record on Thursday, August 4th were issued a dividend of GBX 26.89 ($0.35) per share. This represents a yield of 0.76%. This is a boost from Unilever plc’s previous dividend of $25.56. The ex-dividend date of this dividend was Thursday, August 4th.
Unilever plc Company Profile
Unilever PLC is a supplier of food, home and personal care products. The Company’s portfolio ranges from nutritionally balanced foods to indulgent ice creams, soaps, shampoos and household care products. The Company operates through four segments: Personal Care, Foods, Home Care and Refreshment. The Personal Care segment includes sales of skin care and hair care products, deodorants and oral care products.
Receive News & Ratings for Unilever plc Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Unilever plc and related companies with MarketBeat.com's FREE daily email newsletter.