Unilever’s Hold Rating Reaffirmed at Beaufort Securities (ULVR)
Unilever (LON:ULVR)‘s stock had its “hold” rating restated by stock analysts at Beaufort Securities in a report issued on Friday, AR Network reports.
Several other analysts have also recently commented on the stock. Analysts at Barclays cut their price target on shares of Unilever from GBX 2,900 ($46.90) to GBX 2,800 ($45.28) in a research note to investors on Friday. They now have an “overweight” rating on the stock. Separately, analysts at Shore Capital Stockbrokers reiterated a “buy” rating on shares of Unilever in a research note to investors on Thursday. Finally, analysts at Sanford C. Bernstein reiterated an “outperform” rating on shares of Unilever in a research note to investors on Wednesday. They now have a GBX 3,050 ($49.32) price target on the stock. Three equities research analysts have rated the stock with a sell rating, eight have issued a hold rating and thirteen have issued a buy rating to the stock. The stock presently has a consensus rating of “Hold” and an average price target of GBX 2,727.40 ($44.10).
Shares of Unilever (LON:ULVR) traded down 0.64% on Friday, hitting GBX 2493.00. 3,297,431 shares of the company’s stock traded hands. Unilever has a 1-year low of GBX 2281.00 and a 1-year high of GBX 2908.00. The stock has a 50-day moving average of GBX 2445. and a 200-day moving average of GBX 2646.. The company’s market cap is £70.774 billion.
Unilever PLC (LON:ULVR), is a supplier of fast moving consumer goods.
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