Unilever plc (ULVR) Given a GBX 3,035 Price Target by Goldman Sachs Group Inc. Analysts
Unilever plc (LON:ULVR) has been assigned a GBX 3,035 ($37.56) price objective by Goldman Sachs Group Inc. in a research report issued to clients and investors on Friday. The brokerage currently has a a “sell” rating on the stock. Goldman Sachs Group Inc.’s target price points to a potential downside of 15.61% from the stock’s previous close.
ULVR has been the topic of a number of other research reports. Credit Suisse Group AG restated a “neutral” rating and issued a GBX 3,640 ($45.05) price target on shares of Unilever plc in a report on Thursday, July 14th. Liberum Capital reiterated a “sell” rating and set a GBX 3,150 ($38.99) target price on shares of Unilever plc in a report on Thursday, August 11th. Numis Securities Ltd increased their target price on Unilever plc from GBX 3,395 ($42.02) to GBX 3,660 ($45.30) and gave the company a “hold” rating in a report on Wednesday, July 6th. Barclays PLC reiterated an “overweight” rating and set a GBX 3,860 ($47.77) target price on shares of Unilever plc in a report on Thursday, September 8th. Finally, HSBC reiterated a “buy” rating and set a GBX 3,800 ($47.03) target price on shares of Unilever plc in a report on Thursday, June 30th. Two equities research analysts have rated the stock with a sell rating, seven have issued a hold rating and ten have issued a buy rating to the company. Unilever plc presently has an average rating of “Hold” and an average price target of GBX 3,675.61 ($45.49).
Shares of Unilever plc (LON:ULVR) opened at 3556.50 on Friday. Unilever plc has a 52 week low of GBX 2,715.00 and a 52 week high of GBX 3,807.50. The firm’s market capitalization is GBX 100.96 billion. The stock has a 50 day moving average price of GBX 3,613.23 and a 200-day moving average price of GBX 3,396.73.
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The firm also recently announced a dividend, which will be paid on Wednesday, December 7th. Stockholders of record on Thursday, October 27th will be paid a dividend of GBX 28.90 ($0.36) per share. The ex-dividend date is Thursday, October 27th. This is an increase from Unilever plc’s previous dividend of $26.89. This represents a dividend yield of 0.8%.
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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