Insider Buying: Unilever plc (ULVR) Insider Buys 3 Shares of Stock
Unilever plc (LON:ULVR) insider Graeme Pitkethly bought 3 shares of the company’s stock in a transaction on Monday, October 10th. The stock was bought at an average cost of GBX 3,733 ($46.20) per share, for a total transaction of £111.99 ($138.60).
Unilever plc (LON:ULVR) traded down 3.41% during mid-day trading on Thursday, hitting GBX 3596.50. The company had a trading volume of 5,511,978 shares. The company has a 50-day moving average price of GBX 3,612.32 and a 200 day moving average price of GBX 3,395.33. Unilever plc has a 12 month low of GBX 2,715.00 and a 12 month high of GBX 3,807.50. The firm’s market capitalization is GBX 102.10 billion.
ULVR has been the topic of several analyst reports. Citigroup Inc. set a GBX 4,060 ($50.25) target price on Unilever plc and gave the stock a “buy” rating in a report on Wednesday, August 31st. Shore Capital reissued a “buy” rating and issued a GBX 3,723 ($46.08) target price on shares of Unilever plc in a report on Thursday. JPMorgan Chase & Co. boosted their target price on Unilever plc from GBX 3,550 ($43.94) to GBX 3,960 ($49.01) and gave the stock an “overweight” rating in a report on Thursday, June 30th. Barclays PLC reissued an “overweight” rating and issued a GBX 4,500 ($55.69) target price on shares of Unilever plc in a report on Friday, October 7th. Finally, HSBC reissued a “buy” rating and issued a GBX 3,800 ($47.03) target price on shares of Unilever plc in a report on Thursday, June 30th. Two research analysts have rated the stock with a sell rating, seven have assigned a hold rating and ten have issued a buy rating to the company’s stock. Unilever plc has a consensus rating of “Hold” and an average target price of GBX 3,655.89 ($45.25).
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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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