Espirito Santo Investment Bank Research Reiterates “Neutral” Rating for Unilever (ULVR)
Unilever (LON:ULVR)‘s stock had its “neutral” rating reiterated by Espirito Santo Investment Bank Research in a research note issued on Thursday, American Banking and Market News reports. They currently have a GBX 2,730 ($42.68) price target on the stock. Espirito Santo Investment Bank Research’s target price would suggest a potential upside of 10.66% from the company’s current price.
Other equities research analysts have also recently issued reports about the stock. Analysts at JPMorgan Chase & Co. reiterated a “neutral” rating on shares of Unilever (LON:ULVR) in a research note to investors on Thursday. Separately, analysts at Deutsche Bank upgraded shares of Unilever (LON:ULVR) from a “hold” rating to a “buy” rating in a research note to investors on Tuesday. They now have a GBX 2,800 ($43.78) price target on the stock, up previously from GBX 2,590 ($40.49). Finally, analysts at RBC Capital reiterated an “underperform” rating on shares of Unilever (LON:ULVR) in a research note to investors on Friday, August 30th.
Three equities research analysts have rated the stock with a sell rating, six have issued a hold rating and twelve have given a buy rating to the stock. The stock currently has an average rating of “Hold” and a consensus target price of GBX 2,850.74 ($44.57).
Shares of Unilever (LON:ULVR) opened at 2473.875 on Thursday. The stock’s 50-day moving average is GBX 2567. and its 200-day moving average is GBX 2697.90. The company’s market cap is £70.231 billion.
Unilever PLC (LON:ULVR), is a supplier of fast moving consumer goods.
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