Unilever plc (ULVR) Price Target Raised to GBX 4,200
Unilever plc (LON:ULVR) had its price objective boosted by stock analysts at BNP Paribas from GBX 3,800 ($47.03) to GBX 4,200 ($51.98) in a report released on Friday. The brokerage currently has an “outperform” rating on the stock. BNP Paribas’ target price suggests a potential upside of 16.78% from the stock’s current price.
Several other brokerages have also weighed in on ULVR. Credit Suisse Group AG set a GBX 3,700 ($45.79) price objective on shares of Unilever plc and gave the stock a “neutral” rating in a report on Tuesday. Shore Capital reissued a “buy” rating and set a GBX 3,723 ($46.08) price objective on shares of Unilever plc in a report on Thursday. S&P Global Inc. set a GBX 3,800 ($47.03) price objective on shares of Unilever plc and gave the stock a “neutral” rating in a report on Thursday. Barclays PLC set a GBX 3,950 ($48.89) price objective on shares of Unilever plc and gave the stock a “buy” rating in a report on Monday. Finally, Jefferies Group reissued a “hold” rating and set a GBX 3,530 ($43.69) price objective on shares of Unilever plc in a report on Monday. Two research analysts have rated the stock with a sell rating, seven have assigned a hold rating and ten have given a buy rating to the stock. The company presently has a consensus rating of “Hold” and a consensus price target of GBX 3,697.83 ($45.77).
Unilever plc (LON:ULVR) opened at 3582.50 on Friday. The stock’s market capitalization is GBX 101.70 billion. 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 12-month low of GBX 2,715.00 and a 12-month high of GBX 3,807.50.
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/2016/10/14/unilever-plc-ulvr-price-target-raised-to-gbx-4200.html
The firm also recently disclosed a dividend, which will be paid on Wednesday, December 7th. Stockholders of record on Thursday, October 27th will be paid a GBX 28.90 ($0.36) dividend. The ex-dividend date of this dividend is Thursday, October 27th. This represents a dividend yield of 0.8%. This is a boost from Unilever plc’s previous dividend of $26.89.
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.
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.