Sanford C. Bernstein Reiterates “Outperform” Rating for Unilever plc (ULVR)
Unilever plc (LON:ULVR)‘s stock had its “outperform” rating reaffirmed by equities researchers at Sanford C. Bernstein in a research report issued on Monday, Analyst Ratings Network reports. They currently have a GBX 3,050 ($50.56) price objective on the stock. Sanford C. Bernstein’s price objective points to a potential upside of 20.17% from the company’s current price.
Other equities research analysts have also recently issued reports about the stock. Analysts at Goldman Sachs cut their price target on shares of Unilever plc from GBX 2,800 ($46.42) to GBX 2,775 ($46.00) in a research note on Friday, March 28th. They now have a “buy” rating on the stock. Separately, analysts at JPMorgan Chase & Co. reiterated an “underweight” rating on shares of Unilever plc in a research note on Wednesday, March 26th. Finally, analysts at Deutsche Bank reiterated a “buy” rating on shares of Unilever plc in a research note on Wednesday, March 26th. They now have a GBX 2,750 ($45.59) price target on the stock. Seven equities research analysts have rated the stock with a sell rating, five have assigned a hold rating and twelve have issued a buy rating to the company. Unilever plc has a consensus rating of “Hold” and an average price target of GBX 2,571.11 ($42.62).
Shares of Unilever plc (LON:ULVR) opened at 2538.00 on Monday. Unilever plc has a 52 week low of GBX 2292.00 and a 52 week high of GBX 2908.00. The stock has a 50-day moving average of GBX 2441.81 and a 200-day moving average of GBX 2441.43. The company’s market cap is £72.079 billion.
Unilever PLC (LON:ULVR) is a supplier of fast moving consumer goods.
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