Unilever Given Underperform Rating at Credit Suisse (ULVR)
Unilever (LON:ULVR)‘s stock had its “underperform” rating restated by analysts at Credit Suisse in a research report issued to clients and investors on Friday, Analyst RN reports. They currently have a GBX 2,450 ($39.62) price objective on the stock. Credit Suisse’s price objective indicates a potential downside of 2.35% from the company’s current price.
Unilever (LON:ULVR) traded down 1.16% on Friday, hitting GBX 2480.00. The stock had a trading volume of 2,294,322 shares. Unilever has a 1-year low of GBX 2281.00 and a 1-year high of GBX 2908.00. The stock’s 50-day moving average is GBX 2445. and its 200-day moving average is GBX 2646.. The company’s market cap is £70.405 billion.
Several other analysts have also recently commented on the stock. Analysts at Panmure Gordon reiterated a “buy” rating on shares of Unilever in a research note to investors on Friday. They now have a GBX 2,800 ($45.28) price target on the stock. Separately, analysts at Deutsche Bank reiterated a “buy” rating on shares of Unilever in a research note to investors on Friday. They now have a GBX 2,750 ($44.47) price target on the stock. Finally, analysts at Beaufort Securities reiterated a “hold” rating on shares of Unilever in a research note to investors on Friday. Three research analysts have rated the stock with a sell rating, eight have given a hold rating and thirteen have given a buy rating to the stock. Unilever has a consensus rating of “Hold” and an average target price of GBX 2,727.40 ($44.10).
Unilever PLC (LON:ULVR), is a supplier of fast moving consumer goods.
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