Unilever plc’s (ULVR) Hold Rating Reaffirmed at Liberum Capital
Unilever plc (LON:ULVR)‘s stock had its “hold” rating restated by equities researchers at Liberum Capital in a report issued on Thursday. They currently have a GBX 3,870 ($51.42) price objective on the stock. Liberum Capital’s price objective suggests a potential downside of 6.99% from the stock’s previous close.
A number of other equities research analysts also recently weighed in on the stock. Jefferies Group LLC boosted their price objective on shares of Unilever plc from GBX 4,750 ($63.11) to GBX 4,830 ($64.18) and gave the company a “buy” rating in a research report on Tuesday, July 25th. Barclays PLC set a GBX 4,390 ($58.33) price objective on shares of Unilever plc and gave the company a “buy” rating in a research report on Friday, July 7th. Beaufort Securities reaffirmed a “buy” rating on shares of Unilever plc in a research report on Friday, July 21st. Berenberg Bank set a GBX 5,075 ($67.43) price objective on shares of Unilever plc and gave the company a “buy” rating in a research report on Friday, July 21st. Finally, Shore Capital reaffirmed a “buy” rating on shares of Unilever plc in a research report on Thursday, July 20th. Three equities research analysts have rated the stock with a sell rating, ten have given a hold rating and nine have assigned a buy rating to the company. The stock currently has a consensus rating of “Hold” and an average price target of GBX 4,284.29 ($56.93).
Shares of Unilever plc (LON:ULVR) traded down 3.21% during midday trading on Thursday, hitting GBX 4161.00. 5,435,653 shares of the stock traded hands. Unilever plc has a one year low of GBX 3,050.50 and a one year high of GBX 4,557.50. The firm has a 50-day moving average price of GBX 4,398.89 and a 200 day moving average price of GBX 4,274.43. The stock’s market cap is GBX 117.03 billion.
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In related news, insider Mary Ma purchased 460 shares of Unilever plc stock in a transaction dated Tuesday, August 1st. The stock was bought at an average cost of GBX 4,312 ($57.29) per share, with a total value of £19,835.20 ($26,355.57). Over the last ninety days, insiders bought 468 shares of company stock valued at $2,018,817.
Unilever plc Company Profile
Unilever PLC is a fast-moving consumer goods (FMCG) company. The Company’s segments include Personal Care, which primarily includes sales of skin care and hair care products, deodorants and oral care products; Foods, which primarily includes sales of soups, bouillons, sauces, snacks, mayonnaise, salad dressings, margarines and spreads; Home Care, which primarily includes sales of home care products, such as powders, liquids and capsules, soap bars and a range of cleaning products, and Refreshment, which primarily includes sales of ice cream and tea-based beverages.
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