Jefferies Group Reiterates Hold Rating for Unilever plc (ULVR)
Unilever plc (LON:ULVR)‘s stock had its “hold” rating restated by equities researchers at Jefferies Group in a note issued to investors on Monday. They currently have a GBX 3,530 ($46.08) target price on the stock. Jefferies Group’s price objective points to a potential downside of 5.09% from the stock’s current price.
Other equities research analysts have also recently issued research reports about the company. Goldman Sachs Group Inc. reiterated a ” sell” rating and issued a GBX 3,055 ($39.88) price objective on shares of Unilever plc in a research note on Tuesday, July 26th. HSBC reiterated a “buy” rating and issued a GBX 3,800 ($49.60) price objective on shares of Unilever plc in a research note on Thursday, June 30th. BNP Paribas set a GBX 3,600 ($46.99) price objective on Unilever plc and gave the company a “buy” rating in a research note on Monday, June 27th. Deutsche Bank AG boosted their target price on Unilever plc from GBX 3,520 ($45.95) to GBX 3,600 ($46.99) and gave the company a “buy” rating in a report on Wednesday, July 6th. Finally, Beaufort Securities reissued a “buy” rating on shares of Unilever plc in a report on Friday, July 22nd. Three analysts have rated the stock with a sell rating, six have given a hold rating and nine have given a buy rating to the company. The stock has an average rating of “Hold” and a consensus price target of GBX 3,580.19 ($46.73).
Unilever plc (LON:ULVR) opened at 3733.00 on Monday. Unilever plc has a one year low of GBX 2,715.00 and a one year high of GBX 3,789.00. The firm has a 50-day moving average price of GBX 3,600.79 and a 200-day moving average price of GBX 3,379.32. The stock’s market cap is GBX 105.97 billion.
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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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