Unilever Receives “Hold” Rating from Liberum Capital (ULVR)
Unilever (LON:ULVR)‘s stock had its “hold” rating restated by stock analysts at Liberum Capital in a report issued on Friday, AmericanBankingNews.com reports. They currently have a GBX 2,500 ($41.19) price objective on the stock. Liberum Capital’s price objective would indicate a potential upside of 6.88% from the company’s current price.
Shares of Unilever (LON:ULVR) opened at 2339.00 on Friday. Unilever has a 1-year low of GBX 2299.00 and a 1-year high of GBX 2908.00. The stock’s 50-day moving average is GBX 2426. and its 200-day moving average is GBX 2493.32. The company’s market cap is £66.414 billion.
The company also recently announced a dividend, which is scheduled for Wednesday, March 12th. Shareholders of record on Wednesday, February 5th will be paid a dividend of GBX 22.22 ($0.37) per share. This represents a dividend yield of 0.9%. The ex-dividend date is Wednesday, February 5th.
A number of other firms have also recently commented on ULVR. 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 ($50.26) price target on the stock. Separately, analysts at JPMorgan Chase & Co. reiterated an “underweight” rating on shares of Unilever in a research note to investors on Monday, January 27th. They now have a GBX 2,300 ($37.90) price target on the stock. Finally, 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. 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 a consensus rating of “Hold” and a consensus price target of GBX 2,621.30 ($43.19).
Unilever PLC (LON:ULVR), is a supplier of fast moving consumer goods.
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