Unilever Rating Reiterated by Barclays Capital (ULVR)
Unilever (LON:ULVR)‘s stock had its “overweight” rating reaffirmed by equities researchers at Barclays Capital in a research report issued on Friday, Analyst Ratings Net reports. They currently have a GBX 2,900 ($46.53) target price on the stock. Barclays Capital’s target price would indicate a potential upside of 23.25% from the stock’s previous close.
ULVR has been the subject of a number of other recent research reports. Analysts at Citigroup Inc. cut their price target on shares of Unilever from GBX 2,900 ($46.53) to GBX 2,500 ($40.11) in a research note to investors on Friday. They now have a “neutral” rating on the stock. Separately, analysts at JPMorgan Chase & Co. reiterated a “neutral” rating on shares of Unilever in a research note to investors on Thursday. Finally, analysts at Berenberg Bank cut their price target on shares of Unilever from GBX 3,000 ($48.13) to GBX 2,900 ($46.53) in a research note to investors on Tuesday. They now have a “buy” rating on the stock. Three equities research analysts have rated the stock with a sell rating, seven have issued a hold rating and thirteen have assigned a buy rating to the stock. Unilever currently has a consensus rating of “Hold” and a consensus target price of GBX 2,755.90 ($44.21).
Unilever (LON:ULVR) traded up 1.06% on Friday, hitting GBX 2378.00. 1,691,823 shares of the company’s stock traded hands. Unilever has a one year low of GBX 2243.00 and a one 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 £67.509 billion.
Unilever PLC (LON:ULVR), is a supplier of fast moving consumer goods.
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