Liberum Capital Reiterates “Sell” Rating for Unilever plc (ULVR)
Unilever plc (LON:ULVR)‘s stock had its “sell” rating reaffirmed by analysts at Liberum Capital in a note issued to investors on Monday. They currently have a GBX 3,200 ($39.98) price target on the stock. Liberum Capital’s target price indicates a potential upside of 0.80% from the company’s previous close.
Other equities analysts have also recently issued reports about the stock. Berenberg Bank set a GBX 3,900 ($48.73) price target on shares of Unilever plc and gave the stock a “buy” rating in a research note on Friday, July 22nd. Beaufort Securities reissued a “buy” rating on shares of Unilever plc in a research note on Friday, July 22nd. Goldman Sachs Group Inc. reissued a ” sell” rating and issued a GBX 3,055 ($38.17) target price on shares of Unilever plc in a research note on Tuesday, July 26th. Numis Securities Ltd reissued a “hold” rating and issued a GBX 3,660 ($45.73) target price on shares of Unilever plc in a research note on Monday, July 25th. Finally, Jefferies Group decreased their target price on shares of Unilever plc from GBX 3,650 ($45.60) to GBX 3,530 ($44.10) and set a “hold” rating for the company in a research note on Monday, July 25th. Two equities research analysts have rated the stock with a sell rating, seven have issued a hold rating and ten have assigned a buy rating to the company. The stock has a consensus rating of “Hold” and an average price target of GBX 3,790.89 ($47.36).
Shares of Unilever plc (LON:ULVR) opened at 3174.50 on Monday. The firm has a 50-day moving average of GBX 3,500.72 and a 200 day moving average of GBX 3,425.72. The company’s market cap is GBX 90.12 billion. Unilever plc has a one year low of GBX 2,715.00 and a one year high of GBX 3,807.50.
The business also recently declared a dividend, which will be paid on Wednesday, December 7th. Investors of record on Thursday, October 27th will be paid a GBX 28.90 ($0.36) dividend. This represents a yield of 0.8%. The ex-dividend date is Thursday, October 27th. This is an increase 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.
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