Unilever plc (ULVR) Given New GBX 4,200 Price Target at BNP Paribas
Unilever plc (LON:ULVR) had its price target raised by equities researchers at BNP Paribas from GBX 3,800 ($47.03) to GBX 4,200 ($51.98) in a research report issued on Friday. The brokerage currently has an “outperform” rating on the stock. BNP Paribas’ price objective suggests a potential upside of 16.78% from the company’s previous close.
ULVR has been the subject of several other research reports. JPMorgan Chase & Co. reiterated an “overweight” rating on shares of Unilever plc in a research note on Tuesday, October 4th. Barclays PLC reiterated an “overweight” rating and issued a GBX 3,860 ($47.77) target price on shares of Unilever plc in a research note on Wednesday, September 14th. Liberum Capital lifted their target price on shares of Unilever plc from GBX 3,150 ($38.99) to GBX 3,200 ($39.60) and gave the stock a “sell” rating in a research note on Friday, September 30th. Credit Suisse Group AG lifted their target price on shares of Unilever plc from GBX 2,675 ($33.11) to GBX 2,700 ($33.42) and gave the stock an “underperform” rating in a research note on Thursday, August 25th. Finally, Sanford C. Bernstein set a GBX 4,200 ($51.98) target price on shares of Unilever plc and gave the stock a “buy” rating in a research note on Monday, August 22nd. Two equities 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 currently has a consensus rating of “Hold” and an average target price of GBX 3,697.83 ($45.77).
Unilever plc (LON:ULVR) opened at 3572.00 on Friday. The company’s 50-day moving average is GBX 3,613.23 and its 200-day moving average is GBX 3,396.73. 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 101.40 billion.
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The business also recently disclosed a dividend, which will be paid on Wednesday, December 7th. Shareholders of record on Thursday, October 27th will be given a dividend of GBX 28.90 ($0.36) per share. This is an increase from Unilever plc’s previous dividend of $26.89. This represents a yield of 0.8%. The ex-dividend date of this dividend is Thursday, October 27th.
Unilever plc Company Profile
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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