RBC Capital Reiterates Sector Perform Rating for Unilever plc (ULVR)
Unilever plc (LON:ULVR)‘s stock had its “sector perform” rating reiterated by equities researchers at RBC Capital in a research report issued on Tuesday, AnalystRatings.Net reports. They currently have a GBX 2,700 ($45.48) price target on the stock. RBC Capital’s price target points to a potential upside of 2.04% from the company’s current price.
Unilever plc (LON:ULVR) traded down 0.34% during mid-day trading on Tuesday, hitting GBX 2637.00. 1,098,227 shares of the company’s stock traded hands. Unilever plc has a 1-year low of GBX 2292.00 and a 1-year high of GBX 2908.00. The stock’s 50-day moving average is GBX 2588.68 and its 200-day moving average is GBX 2473.. The company’s market cap is £74.891 billion.
The company also recently declared a dividend, which is scheduled for Wednesday, June 11th. Shareholders 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.
ULVR has been the subject of a number of other recent research reports. Analysts at Credit Suisse reiterated an “underperform” rating on shares of Unilever plc in a research note on Friday. Separately, analysts at Deutsche Bank reiterated a “buy” rating on shares of Unilever plc in a research note on Monday, April 28th. They now have a GBX 2,750 ($46.32) price target on the stock. Finally, analysts at Barclays downgraded shares of Unilever plc to an “equal weight” rating in a research note on Friday, April 25th. They now have a GBX 2,600 ($43.79) price target on the stock. Six investment analysts have rated the stock with a sell rating, seven have given a hold rating and ten have assigned a buy rating to the company’s stock. The company currently has a consensus rating of “Hold” and an average price target of GBX 2,577.83 ($43.42).
Unilever PLC (LON:ULVR) is a supplier of fast moving consumer goods.
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