Unilever (ULVR) Price Target Raised to GBX 4,750

Unilever (LON:ULVR) had its price objective raised by stock analysts at Barclays from GBX 4,730 ($61.81) to GBX 4,750 ($62.07) in a research report issued on Thursday, MarketBeat reports. The firm currently has an “overweight” rating on the stock. Barclays’ target price would indicate a potential upside of 14.55% from the company’s previous close.

Several other research analysts also recently commented on ULVR. Sanford C. Bernstein set a GBX 4,850 ($63.37) target price on Unilever and gave the stock a “buy” rating in a report on Thursday, July 19th. Goldman Sachs Group set a GBX 4,000 ($52.27) target price on Unilever and gave the stock a “neutral” rating in a report on Thursday, July 19th. Credit Suisse Group set a GBX 4,085 ($53.38) target price on Unilever and gave the stock a “neutral” rating in a report on Thursday. JPMorgan Chase & Co. reduced their price objective on Unilever from GBX 4,400 ($57.49) to GBX 4,000 ($52.27) and set a “neutral” rating on the stock in a report on Friday, October 19th. Finally, Berenberg Bank upped their price objective on Unilever from GBX 4,700 ($61.41) to GBX 4,800 ($62.72) and gave the stock a “buy” rating in a report on Friday, July 20th. One analyst has rated the stock with a sell rating, six have assigned a hold rating and nine have given a buy rating to the company. Unilever currently has a consensus rating of “Buy” and a consensus target price of GBX 4,369.85 ($57.10).

Shares of ULVR traded up GBX 69.50 ($0.91) on Thursday, hitting GBX 4,146.50 ($54.18). The company’s stock had a trading volume of 2,836,979 shares, compared to its average volume of 2,750,000. Unilever has a fifty-two week low of GBX 3,678.50 ($48.07) and a fifty-two week high of GBX 4,557.50 ($59.55).

Unilever Company Profile

Unilever PLC operates in the fast-moving consumer goods industry worldwide. It operates through Personal Care, Home Care, Foods, and Refreshment segments. The Personal Care segment offers skin care and hair care products, deodorants, and oral care products. The Home Care segment provides home care products, including powders, liquids and capsules, soap bars, and various cleaning products.

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