Unilever plc Given “Buy” Rating at Deutsche Bank (ULVR)
Unilever plc (LON:ULVR)‘s stock had its “buy” rating reiterated by equities research analysts at Deutsche Bank in a research note issued to investors on Monday, American Banking and Market News reports. They currently have a GBX 2,750 ($46.20) price target on the stock. Deutsche Bank’s price target points to a potential upside of 5.89% from the stock’s previous close.
Shares of Unilever plc (LON:ULVR) opened at 2601.00 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 2515.81 and a 200-day moving average of GBX 2456.40. The company’s market cap is £73.869 billion.
The company also recently declared a dividend, which is scheduled for Wednesday, June 11th. Investors of record on Wednesday, May 7th will be given a dividend of GBX 23.38 ($0.39) per share. This represents a yield of 0.9%. The ex-dividend date of this dividend is Wednesday, May 7th.
Several other analysts have also recently commented on the stock. Analysts at Barclays downgraded shares of Unilever plc to an “equal weight” rating in a research note on Friday. They now have a GBX 2,600 ($43.68) price target on the stock. Finally, analysts at JPMorgan Chase & Co. reiterated an “underweight” rating on shares of Unilever plc in a research note on Thursday, April 10th. Seven investment analysts have rated the stock with a sell rating, six have given a hold rating and ten have given a buy rating to the company. Unilever plc presently has a consensus rating of “Hold” and a consensus price target of GBX 2,560.58 ($43.02).
Unilever PLC (LON:ULVR) is a supplier of fast moving consumer goods.
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