Unilever plc (ULVR) Earns “Overweight” Rating from JPMorgan Chase & Co.
Unilever plc (LON:ULVR)‘s stock had its “overweight” rating reaffirmed by stock analysts at JPMorgan Chase & Co. in a research note issued on Tuesday, StockTargetPrices.com reports.
Several other research firms have also weighed in on ULVR. Numis Securities Ltd lifted their target price on Unilever plc from GBX 3,395 ($44.32) to GBX 3,660 ($47.77) and gave the stock a “hold” rating in a report on Wednesday, July 6th. Deutsche Bank AG lifted their target price on Unilever plc from GBX 3,520 ($45.95) to GBX 3,600 ($46.99) and gave the stock a “buy” rating in a report on Wednesday, July 6th. Goldman Sachs Group Inc. set a GBX 3,010 ($39.29) target price on Unilever plc and gave the stock a “sell” rating in a report on Friday, July 8th. Barclays PLC lifted their target price on Unilever plc from GBX 3,110 ($40.60) to GBX 3,860 ($50.39) and gave the stock an “overweight” rating in a report on Friday, July 8th. Finally, Liberum Capital reaffirmed a “sell” rating and set a GBX 3,150 ($41.12) target price on shares of Unilever plc in a report on Monday, July 11th. Three equities research analysts have rated the stock with a sell rating, six have issued a hold rating and nine have given a buy rating to the stock. Unilever plc presently has a consensus rating of “Hold” and a consensus price target of GBX 3,614.56 ($47.18).
Shares of Unilever plc (LON:ULVR) traded up 0.690% during midday trading on Tuesday, reaching GBX 3730.975. 2,182,889 shares of the company traded hands. Unilever plc has a 1-year low of GBX 2,715.00 and a 1-year high of GBX 3,789.00. The stock’s market capitalization is GBX 47885.55 billion. The stock’s 50-day moving average is GBX 3,600.79 and its 200-day moving average is GBX 3,379.32.
This story is the sole property of American Banking News and it was originally published by American Banking News. If you are reading this story on another website, that means this article was illegally copied and re-published to this website in violation of U.S. and International copyright law. The original version of this article is available at https://www.americanbankingnews.com/2016/10/09/unilever-plc-ulvr-earns-overweight-rating-from-jpmorgan-chase-co.html
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.
Receive News & Ratings for Unilever plc Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Unilever plc and related companies with MarketBeat.com's FREE daily email newsletter.