Unilever plc (ULVR) Rating Reiterated by Numis Securities Ltd
Unilever plc (LON:ULVR)‘s stock had its “hold” rating restated by equities research analysts at Numis Securities Ltd in a research note issued on Monday. They currently have a GBX 3,895 ($47.47) price target on the stock. Numis Securities Ltd’s price target suggests a potential upside of 11.14% from the company’s current price.
ULVR has been the subject of a number of other research reports. Credit Suisse Group AG restated a “neutral” rating and set a GBX 3,640 ($44.36) price objective on shares of Unilever plc in a report on Thursday, July 14th. Goldman Sachs Group Inc. set a GBX 3,010 ($36.68) price objective on Unilever plc and gave the stock a “sell” rating in a report on Friday, July 8th. Liberum Capital restated a “sell” rating and set a GBX 3,150 ($38.39) price objective on shares of Unilever plc in a report on Thursday, August 11th. Barclays PLC restated an “overweight” rating and set a GBX 3,860 ($47.04) price objective on shares of Unilever plc in a report on Thursday, September 8th. Finally, Jefferies Group boosted their price objective on Unilever plc from GBX 3,530 ($43.02) to GBX 3,720 ($45.34) and gave the stock a “hold” rating in a report on Sunday. Two equities research analysts have rated the stock with a sell rating, seven have assigned a hold rating and ten have assigned a buy rating to the company’s stock. The company currently has a consensus rating of “Hold” and a consensus price target of GBX 3,721.44 ($45.36).
Unilever plc (LON:ULVR) traded down 1.21% during midday trading on Monday, reaching GBX 3504.50. The company had a trading volume of 3,038,915 shares. Unilever plc has a 12 month low of GBX 2,715.00 and a 12 month high of GBX 3,807.50. The stock’s market cap is GBX 99.49 billion. The firm has a 50-day moving average of GBX 3,613.51 and a 200-day moving average of GBX 3,403.40.
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 http://www.americanbankingnews.com/2016/10/17/unilever-plc-ulvr-rating-reiterated-by-numis-securities-ltd.html
The business also recently disclosed a dividend, which will be paid on Wednesday, December 7th. Investors of record on Thursday, October 27th will be issued a GBX 28.90 ($0.35) dividend. This represents a yield of 0.8%. This is an increase from Unilever plc’s previous dividend of $26.89. 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.
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.