Shore Capital Reiterates “Buy” Rating for Unilever plc (ULVR)
Unilever plc (LON:ULVR)‘s stock had its “buy” rating reiterated by equities researchers at Shore Capital in a research note issued on Thursday. They currently have a GBX 3,723 ($46.08) target price on the stock. Shore Capital’s target price would suggest a potential upside of 4.82% from the stock’s previous close.
A number of other equities research analysts have also recently weighed in on the stock. Citigroup Inc. set a GBX 4,060 ($50.25) price target on shares of Unilever plc and gave the company a “buy” rating in a research report on Wednesday, August 31st. JPMorgan Chase & Co. lifted their price target on shares of Unilever plc from GBX 3,550 ($43.94) to GBX 3,960 ($49.01) and gave the company an “overweight” rating in a research report on Thursday, June 30th. Barclays PLC reiterated an “overweight” rating and set a GBX 4,500 ($55.69) price target on shares of Unilever plc in a research report on Friday, October 7th. HSBC reiterated a “buy” rating and set a GBX 3,800 ($47.03) price target on shares of Unilever plc in a research report on Thursday, June 30th. Finally, Liberum Capital reiterated a “sell” rating and set a GBX 3,200 ($39.60) price target on shares of Unilever plc in a research report on Monday, October 10th. Two investment analysts have rated the stock with a sell rating, seven have assigned a hold rating and ten have issued a buy rating to the company’s stock. Unilever plc has a consensus rating of “Hold” and an average target price of GBX 3,708.39 ($45.90).
Unilever plc (LON:ULVR) opened at 3515.50 on Thursday. The firm has a 50 day moving average of GBX 3,613.80 and a 200-day moving average of GBX 3,397.77. Unilever plc has a 12-month low of GBX 2,715.00 and a 12-month high of GBX 3,807.50. The stock’s market cap is GBX 99.80 billion.
The business also recently disclosed a dividend, which will be paid on Wednesday, December 7th. Stockholders of record on Thursday, October 27th will be given a dividend of GBX 28.90 ($0.36) per share. This represents a dividend yield of 0.8%. The ex-dividend date of this dividend is Thursday, October 27th. This is an increase from Unilever plc’s previous dividend of $26.89.
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.
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