Unilever Rating Reiterated by Sanford C. Bernstein (ULVR)
Unilever (LON:ULVR)‘s stock had its “outperform” rating restated by stock analysts at Sanford C. Bernstein in a report issued on Tuesday, ARN reports. They currently have a GBX 3,050 ($49.21) price target on the stock. Sanford C. Bernstein’s price target suggests a potential upside of 25.00% from the company’s current price.
Several other analysts have also recently commented on the stock. Analysts at Shore Capital Stockbrokers reiterated a “buy” rating on shares of Unilever (LON:ULVR) in a research note to investors on Tuesday. Separately, analysts at Panmure Gordon cut their price target on shares of Unilever (LON:ULVR) from GBX 2,900 ($46.79) to GBX 2,800 ($45.18) in a research note to investors on Friday. They now have a “buy” rating on the stock. Finally, analysts at JPMorgan Chase & Co. reiterated a “neutral” rating on shares of Unilever (LON:ULVR) in a research note to investors on Friday. They now have a GBX 2,600 ($41.95) price target on the stock. Three investment analysts have rated the stock with a sell rating, six have given a hold rating and thirteen have given a buy rating to the company. The company has an average rating of “Hold” and a consensus price target of GBX 2,814.65 ($45.41).
Shares of Unilever (LON:ULVR) traded down 3.44% on Tuesday, hitting GBX 2356.00. The stock had a trading volume of 4,615,135 shares. Unilever has a 52 week low of GBX 2243.00 and a 52 week high of GBX 2908.00. The stock’s 50-day moving average is GBX 2538.18 and its 200-day moving average is GBX 2691.. The company’s market cap is £66.884 billion.
Unilever PLC (LON:ULVR), is a supplier of fast moving consumer goods.
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