Unilever Rating Reiterated by Credit Suisse (ULVR)
Unilever (LON:ULVR)‘s stock had its “underperform” rating reaffirmed by investment analysts at Credit Suisse in a note issued to investors on Wednesday, Stock Ratings Network.com reports. They currently have a GBX 2,460 ($40.38) price objective on the stock. Credit Suisse’s price target points to a potential downside of 0.81% from the company’s current price.
ULVR has been the subject of a number of other recent research reports. Analysts at Liberum Capital reiterated a “hold” rating on shares of Unilever in a research note to investors on Wednesday. Separately, analysts at Deutsche Bank reiterated a “buy” rating on shares of Unilever in a research note to investors on Wednesday. They now have a GBX 2,750 ($45.14) price target on the stock. Finally, analysts at Beaufort Securities upgraded shares of Unilever to a “buy” rating in a research note to investors on Wednesday. Six analysts have rated the stock with a sell rating, six have given a hold rating and twelve have assigned a buy rating to the stock. The company has a consensus rating of “Hold” and a consensus price target of GBX 2,627.68 ($43.13).
Shares of Unilever (LON:ULVR) opened at 2501.00 on Wednesday. Unilever has a 52 week low of GBX 2312.00 and a 52 week high of GBX 2908.00. The stock has a 50-day moving average of GBX 2429. and a 200-day moving average of GBX 2508.. The company’s market cap is £71.001 billion.
The company also recently declared a dividend, which is scheduled for Wednesday, March 12th. Stockholders of record on Wednesday, February 5th will be given a dividend of GBX 22.22 ($0.36) per share. This represents a yield of 0.9%. The ex-dividend date of this dividend is Wednesday, February 5th.
Unilever PLC (LON:ULVR), is a supplier of fast moving consumer goods.
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