JPMorgan Chase & Co. Boosts Unilever plc (ULVR) Price Target to GBX 4,100
Unilever plc (LON:ULVR) had its target price hoisted by research analysts at JPMorgan Chase & Co. from GBX 3,960 ($49.01) to GBX 4,100 ($50.74) in a research report issued to clients and investors on Friday. The firm presently has an “overweight” rating on the stock. JPMorgan Chase & Co.’s price target suggests a potential upside of 14.00% from the company’s previous close.
Other equities analysts have also recently issued research reports about the stock. Goldman Sachs Group Inc. restated a ” sell” rating and set a GBX 3,055 ($37.81) target price on shares of Unilever plc in a research note on Tuesday, July 26th. HSBC restated a “buy” rating and set a GBX 3,800 ($47.03) target price on shares of Unilever plc in a research note on Thursday, June 30th. Deutsche Bank AG upped their target price on shares of Unilever plc from GBX 3,520 ($43.56) to GBX 3,600 ($44.55) and gave the company a “buy” rating in a research note on Wednesday, July 6th. BNP Paribas set a GBX 3,600 ($44.55) target price on shares of Unilever plc and gave the company a “buy” rating in a research note on Monday, June 27th. Finally, Beaufort Securities restated a “buy” rating on shares of Unilever plc in a research note on Friday, July 22nd. Two equities research analysts have rated the stock with a sell rating, seven have given a hold rating and ten have given a buy rating to the company’s stock. The company has a consensus rating of “Hold” and an average price target of GBX 3,680.33 ($45.55).
Shares of Unilever plc (LON:ULVR) opened at 3596.50 on Friday. Unilever plc has a 52-week low of GBX 2,715.00 and a 52-week high of GBX 3,807.50. The company has a 50-day moving average of GBX 3,613.23 and a 200 day moving average of GBX 3,396.73. The company’s market capitalization is GBX 102.10 billion.
The firm also recently announced a dividend, which will be paid on Wednesday, December 7th. Investors of record on Thursday, October 27th will be issued a GBX 28.90 ($0.36) dividend. The ex-dividend date of this dividend is Thursday, October 27th. This is a positive change from Unilever plc’s previous dividend of $26.89. This represents a dividend yield of 0.8%.
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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