Unilever plc (ULVR) Rating Reiterated by JPMorgan Chase & Co.
Unilever plc (LON:ULVR)‘s stock had its “overweight” rating reaffirmed by investment analysts at JPMorgan Chase & Co. in a note issued to investors on Thursday.
A number of other brokerages have also weighed in on ULVR. Jefferies Group decreased their price objective 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 report on Monday, July 25th. Shore Capital restated a “buy” rating and issued a GBX 3,723 ($46.51) price objective on shares of Unilever plc in a report on Thursday, October 13th. Liberum Capital restated a “sell” rating and issued a GBX 3,150 ($39.36) price objective on shares of Unilever plc in a report on Wednesday, August 31st. BNP Paribas boosted their price objective on shares of Unilever plc from GBX 3,800 ($47.48) to GBX 4,200 ($52.47) and gave the stock an “outperform” rating in a report on Friday, October 14th. Finally, Numis Securities Ltd restated a “hold” rating and issued a GBX 3,660 ($45.73) price objective on shares of Unilever plc in a report on Wednesday, August 10th. Two research analysts have rated the stock with a sell rating, seven have assigned a hold rating and ten have given a buy rating to the company. The stock currently has an average rating of “Hold” and a consensus target price of GBX 3,790.89 ($47.36).
Shares of Unilever plc (LON:ULVR) opened at 3113.50 on Thursday. The stock’s market cap is GBX 88.39 billion. Unilever plc has a 12 month low of GBX 2,715.00 and a 12 month high of GBX 3,807.50. The company has a 50 day moving average price of GBX 3,454.11 and a 200-day moving average price of GBX 3,424.57.
The business also recently declared a dividend, which will be paid on Wednesday, December 7th. Shareholders of record on Thursday, October 27th will be paid a GBX 28.90 ($0.36) dividend. The ex-dividend date is Thursday, October 27th. This represents a yield of 0.8%. This is a boost 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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