Jefferies Group Reiterates Buy Rating for Unilever (LON:ULVR)

Jefferies Group restated their buy rating on shares of Unilever (LON:ULVR) in a research report released on Monday, December 4th, Marketbeat Ratings reports. They currently have a GBX 4,830 ($64.58) price target on the stock.

Several other equities research analysts have also issued reports on ULVR. Goldman Sachs Group set a GBX 3,820 ($51.08) target price on shares of Unilever and gave the stock a sell rating in a research note on Friday, October 20th. Bryan, Garnier & Co reaffirmed a neutral rating and issued a GBX 4,300 ($57.49) price target on shares of Unilever in a research note on Friday, August 25th. Berenberg Bank cut their price objective on shares of Unilever from GBX 5,075 ($67.86) to GBX 5,000 ($66.85) and set a buy rating for the company in a report on Friday, October 20th. JPMorgan Chase & Co. reaffirmed a neutral rating on shares of Unilever in a research report on Monday, November 6th. Finally, Kepler Capital Markets reissued a buy rating on shares of Unilever in a research report on Friday, December 1st. Three analysts have rated the stock with a sell rating, nine have assigned a hold rating and ten have assigned a buy rating to the company’s stock. The stock currently has a consensus rating of Hold and a consensus price target of GBX 4,313 ($57.67).

Shares of Unilever (LON ULVR) traded up GBX 1.50 ($0.02) during mid-day trading on Monday, hitting GBX 4,125.50 ($55.16). The stock had a trading volume of 1,230,025 shares, compared to its average volume of 2,230,000. Unilever has a 1-year low of GBX 3,173.50 ($42.43) and a 1-year high of GBX 4,557.50 ($60.94). The firm has a market capitalization of $123,310.00 and a P/E ratio of 2,291.94.

The company also recently announced a dividend, which was paid on Wednesday, December 13th. Stockholders of record on Thursday, November 2nd were paid a dividend of GBX 31.99 ($0.43) per share. This is a positive change from Unilever’s previous dividend of $31.83. This represents a dividend yield of 0.78%. The ex-dividend date of this dividend was Thursday, November 2nd.

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Unilever 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.

Analyst Recommendations for Unilever (LON:ULVR)

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