Unilever Receives Underweight Rating from JPMorgan Chase & Co. (ULVR)
Unilever (LON:ULVR)‘s stock had its “underweight” rating restated by research analysts at JPMorgan Chase & Co. in a report released on Monday, Analyst Ratings Network.com reports.
A number of other analysts have also recently weighed in on ULVR. Analysts at Credit Suisse reiterated an “underperform” rating on shares of Unilever in a research note to investors on Wednesday, January 22nd. They now have a GBX 2,460 ($40.53) price target on the stock. Separately, analysts at Liberum Capital reiterated a “hold” rating on shares of Unilever in a research note to investors on Wednesday, January 22nd. Finally, analysts at Deutsche Bank reiterated a “buy” rating on shares of Unilever in a research note to investors on Wednesday, January 22nd. They now have a GBX 2,750 ($45.31) price target on the stock. Six equities research analysts have rated the stock with a sell rating, six have assigned a hold rating and twelve have given a buy rating to the stock. Unilever has an average rating of “Hold” and a consensus target price of GBX 2,645.89 ($43.60).
Unilever (LON:ULVR) traded down 1.26% during mid-day trading on Monday, hitting GBX 2434.00. 3,295,533 shares of the company’s stock traded hands. Unilever has a 52 week low of GBX 2312.00 and a 52 week high of GBX 2908.00. The stock’s 50-day moving average is GBX 2434. and its 200-day moving average is GBX 2500.. The company’s market cap is £69.111 billion.
The company also recently declared a dividend, which is scheduled for Wednesday, March 12th. Investors of record on Wednesday, February 5th will be given a dividend of GBX 22.22 ($0.37) 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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