Unilever Given “Neutral” Rating at JPMorgan Chase & Co. (ULVR)
Unilever (LON:ULVR)‘s stock had its “neutral” rating reaffirmed by equities researchers at JPMorgan Chase & Co. in a research report issued on Friday, Stock Ratings Network.com reports. They currently have a GBX 2,600 ($41.65) target price on the stock. JPMorgan Chase & Co.’s price objective suggests a potential upside of 5.82% from the company’s current price.
Shares of Unilever (LON:ULVR) traded down 1.92% during mid-day trading on Friday, hitting GBX 2457.00. 2,638,405 shares of the company’s stock traded hands. Unilever has a 1-year low of GBX 2243.00 and a 1-year high of GBX 2908.00. The stock has a 50-day moving average of GBX 2538.18 and a 200-day moving average of GBX 2691.. The company’s market cap is £69.752 billion.
Other equities research analysts have also recently issued reports about the stock. Analysts at AlphaValue reiterated a “reduce” rating on shares of Unilever (LON:ULVR) in a research note to investors on Thursday. They now have a GBX 2,432 ($38.96) price target on the stock. Separately, analysts at Galvan Research reiterated a “buy” rating on shares of Unilever (LON:ULVR) in a research note to investors on Wednesday. They now have a GBX 2,630 ($42.13) price target on the stock. Finally, analysts at Credit Suisse reiterated an “underperform” rating on shares of Unilever (LON:ULVR) in a research note to investors on Wednesday. They now have a GBX 2,730 ($43.73) price target on the stock. Three research analysts have rated the stock with a sell rating, six have issued a hold rating and thirteen have assigned a buy rating to the company. Unilever has a consensus rating of “Hold” and a consensus price target of GBX 2,814.65 ($45.08).
Unilever PLC (LON:ULVR), is a supplier of fast moving consumer goods.
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