Unilever plc (ULVR) Stock Rating Reaffirmed by Numis Securities Ltd
Unilever plc (LON:ULVR)‘s stock had its “hold” rating reiterated by analysts at Numis Securities Ltd in a note issued to investors on Monday. They presently have a GBX 3,895 ($48.21) price target on the stock. Numis Securities Ltd’s target price suggests a potential upside of 9.66% from the company’s current price.
Several other brokerages also recently weighed in on ULVR. Jefferies Group cut their price target on Unilever plc from GBX 3,650 ($45.17) to GBX 3,530 ($43.69) and set a “hold” rating on the stock in a research report on Monday, July 25th. Shore Capital reissued a “buy” rating and set a GBX 3,723 ($46.08) target price on shares of Unilever plc in a research note on Thursday. Liberum Capital reissued a “sell” rating and set a GBX 3,150 ($38.99) target price on shares of Unilever plc in a research note on Wednesday, August 31st. JPMorgan Chase & Co. reissued an “overweight” rating on shares of Unilever plc in a research note on Tuesday, October 4th. Finally, BNP Paribas increased their target price on shares of Unilever plc from GBX 3,800 ($47.03) to GBX 4,200 ($51.98) and gave the stock an “outperform” rating in a research note on Friday. 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. The stock currently has an average rating of “Hold” and a consensus price target of GBX 3,721.44 ($46.06).
Shares of Unilever plc (LON:ULVR) opened at 3511.50 on Monday. The company’s market capitalization is GBX 99.68 billion. 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 50-day moving average price is GBX 3,613.80 and its 200 day moving average price is GBX 3,397.77.
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The company also recently declared a dividend, which will be paid on Wednesday, December 7th. Stockholders of record on Thursday, October 27th will be issued a dividend of GBX 28.90 ($0.36) per share. The ex-dividend date of this dividend is Thursday, October 27th. This represents a dividend yield of 0.8%. This is an increase from Unilever plc’s previous dividend of $26.89.
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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