Unilever plc’s (ULVR) “Overweight” Rating Reaffirmed at Barclays PLC
Unilever plc (LON:ULVR)‘s stock had its “overweight” rating reaffirmed by Barclays PLC in a research report issued on Friday. They currently have a GBX 4,500 ($58.74) target price on the stock. Barclays PLC’s price target would indicate a potential upside of 21.82% from the company’s current price.
Several other research analysts have also recently commented on the stock. Citigroup Inc. set a GBX 4,060 ($53.00) target price on shares of Unilever plc and gave the stock a “buy” rating in a report on Wednesday, August 31st. JPMorgan Chase & Co. increased their price target on shares of Unilever plc from GBX 3,550 ($46.34) to GBX 3,960 ($51.69) and gave the company an “overweight” rating in a research note on Thursday, June 30th. HSBC reiterated a “buy” rating and issued a GBX 3,800 ($49.60) price target on shares of Unilever plc in a research note on Thursday, June 30th. Liberum Capital reiterated a “sell” rating and issued a GBX 3,150 ($41.12) price target on shares of Unilever plc in a research note on Monday, July 11th. Finally, BNP Paribas reiterated an “outperform” rating and issued a GBX 3,800 ($49.60) price target on shares of Unilever plc in a research note on Monday, August 1st. Three analysts have rated the stock with a sell rating, six have issued a hold rating and nine have issued a buy rating to the company’s stock. The company presently has an average rating of “Hold” and an average target price of GBX 3,614.56 ($47.18).
Shares of Unilever plc (LON:ULVR) traded up 0.69% on Friday, reaching GBX 3719.50. 2,182,889 shares of the company traded hands. The stock’s market cap is GBX 105.59 billion. Unilever plc has a 52-week low of GBX 2,715.00 and a 52-week high of GBX 3,789.00. The stock has a 50 day moving average of GBX 3,600.79 and a 200 day moving average of GBX 3,379.32.
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The firm also recently announced a dividend, which was paid on Wednesday, September 7th. Investors of record on Thursday, August 4th were given a dividend of GBX 26.89 ($0.35) per share. The ex-dividend date was Thursday, August 4th. This is an increase from Unilever plc’s previous dividend of $25.56. This represents a yield of 0.76%.
About Unilever plc
Unilever PLC is a supplier of food, home and personal care products. The Company’s portfolio ranges from nutritionally balanced foods to indulgent ice creams, soaps, shampoos and household care products. The Company operates through four segments: Personal Care, Foods, Home Care and Refreshment. The Personal Care segment includes sales of skin care and hair care products, deodorants and oral care products.
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