Credit Suisse Group Reiterates GBX 4,085 Price Target for Unilever (ULVR)
Unilever (LON:ULVR) received a GBX 4,085 ($53.38) target price from investment analysts at Credit Suisse Group in a research report issued to clients and investors on Thursday. The brokerage currently has a “neutral” rating on the stock. Credit Suisse Group’s price objective would suggest a potential downside of 1.48% from the company’s current price.
Other research analysts have also issued research reports about the company. Goldman Sachs Group raised Unilever to a “neutral” rating and dropped their price objective for the stock from GBX 3,900 ($50.96) to GBX 3,800 ($49.65) in a report on Thursday, September 6th. Shore Capital reiterated a “buy” rating on shares of Unilever in a research report on Thursday, July 19th. JPMorgan Chase & Co. set a GBX 4,300 ($56.19) target price on Unilever and gave the stock a “neutral” rating in a research report on Thursday, July 19th. Sanford C. Bernstein set a GBX 4,850 ($63.37) target price on Unilever and gave the stock a “buy” rating in a research report on Thursday, July 19th. Finally, Jefferies Financial Group set a GBX 4,590 ($59.98) target price on Unilever and gave the stock a “neutral” rating in a research report on Tuesday, October 2nd. One equities research analyst has rated the stock with a sell rating, six have given a hold rating and nine have issued a buy rating to the company’s stock. The stock has an average rating of “Buy” and a consensus price target of GBX 4,369.85 ($57.10).
ULVR stock traded up GBX 69.50 ($0.91) on Thursday, reaching GBX 4,146.50 ($54.18). 2,836,979 shares of the company’s stock were exchanged, compared to its average volume of 2,750,000. Unilever has a twelve month low of GBX 3,678.50 ($48.07) and a twelve month high of GBX 4,557.50 ($59.55).
Unilever PLC operates in the fast-moving consumer goods industry worldwide. It operates through Personal Care, Home Care, Foods, and Refreshment segments. The Personal Care segment offers skin care and hair care products, deodorants, and oral care products. The Home Care segment provides home care products, including powders, liquids and capsules, soap bars, and various cleaning products.
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