Unilever Receives “Outperform” Rating from Sanford C. Bernstein (ULVR)
Unilever (LON:ULVR)‘s stock had its “outperform” rating reaffirmed by analysts at Sanford C. Bernstein in a research report issued to clients and investors on Monday, AR Network reports. They currently have a GBX 3,050 ($48.69) target price on the stock. Sanford C. Bernstein’s target price would indicate a potential upside of 28.37% from the stock’s previous close.
A number of other analysts have also recently weighed in on ULVR. Analysts at Barclays Capital reiterated an “overweight” rating on shares of Unilever in a research note to investors on Friday. They now have a GBX 2,900 ($46.30) price target on the stock. Separately, analysts at Citigroup Inc. cut their price target on shares of Unilever from GBX 2,900 ($46.30) to GBX 2,500 ($39.91) in a research note to investors on Friday. They now have a “neutral” rating on the stock. Finally, analysts at JPMorgan Chase & Co. reiterated a “neutral” rating on shares of Unilever in a research note to investors on Thursday. Three analysts have rated the stock with a sell rating, seven have assigned a hold rating and thirteen have issued a buy rating to the stock. The company presently has a consensus rating of “Hold” and a consensus target price of GBX 2,755.90 ($44.00).
Shares of Unilever (LON:ULVR) opened at 2386.00 on Monday. 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 £67.736 billion.
Unilever PLC (LON:ULVR), is a supplier of fast moving consumer goods.
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